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Triumph Business Park
Acquired

Triumph Business Park

Speke, Liverpool L24 9GQ

  • Significant multi-let industrial investment totalling 826,192 sq ft (76,783.64 sq m) on 64.97 acres (26.29 ha).

  • Includes 15.45 acres (6.25 ha) of open storage land and a further 10.20 acres (4.13 ha) of vacant development land.

  • 109,398 sq ft (10,167 sq m) of modern / new build / substantially refurbished industrial accommodation in units together with 716,794 sq ft (66,616.54 sq m) of refurbished industrial accommodation.

  • Excellent location in an established and significant industrial area with good strategic transport communications.

  • Let to 25 different tenants on 30 agreements with a total passing rental of £2,744,000 per annum (£3.02 per sq ft).

  • Estimated rental value of £2,926,056 per annum (£3.20 per sq ft).

  • Significant future asset management angles to enhance value.

  • Significant development and refurbishment opportunities.

  • Offers sought in the region of £32,950,000 (Thirty Two Million, Nine Hundred and Fifty Thousand pounds), which reflects a Net Initial Yield of 8.20%, Net Reversionary Yield of 8.73% and a Capital Value of £37.85 per sq ft.

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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