Situated on an extremely prominent corner plot of the Bredbury Industrial Estate
Bredbury Industrial Estate extends to over 220 acres with over 100 business tenants
Excellent main road frontage to the A6017 Ashton Road linking to Junction 25 of the M60
Property comprises of a 5,942 sq ft warehouse on a site of 1.06 acres (12.86% site cover)
Let to Ainscough Crane Hire Limited (D&B 4A1)
14.25 years remaining on an FRI lease subject to a schedule of condition
Current rent of £38,000 per annum
5 yearly reviews to the lower of OMRV or RPI (uncapped)
Freehold
Offers in excess of £580,000 (STC)
Attractive Net Initial Yield of 6.25% and a Reversionary Yield of 6.34% (applying RPI)
Investment value underpinned by industrial land values
Higher value alternative use possible STP
