A high yielding North West industrial portfolio of 3 significant assets
All of the assets are on established industrial estates within close proximity of key transport corridors
406,594 sq ft of accommodation
2 multi-let, ring fenced industrial estates (80% by income) and 1 single let warehouse unit (20% by income)
Current income of £970,275 per annum, reflecting a low passing rent of £2.11 psf on the multi-let estates and £5.25 psf on the single let warehouse
ERV of £1,182,968 per annum
Well established tenants and properties with a strong occupational history
AWULT of 4.1 years (2.6 years to break)
Offers are sought in excess of £10,795,000 (STC)
Net Initial Yield of 8.43%
Reversionary Yield of 10.27%
Capital value of £26.55 psf
