Prominent office scheme on the corner of Cross Street (A56) and Dane Road
Adjacent to Junction 7 of the M60 Motorway
Flexible office space divided to provide a range of suites with a total NIA of 30,874 sq ft
Producing a total gross rent of £457,585 per annum off low base rents
Net income of £235,865 per annum
75% let on short term basis
On a large site of 1.80 acres (0.73 ha) with a low site cover of just 28%
Suited to a residential scheme, subject to the necessary planning consents
Freehold
Seeking offers in the region of £3,350,000 reflecting a NIY of 12.85% after allowing for purchasers costs
Triple net yield of 6.61%
Low capital value of just £109 psf
