Industrial Investment, located on Trafford Park
62,391 sq ft high bay distribution unit Freehold
Let to Kerry Logistics UK Limited by way of a 30 year lease expiring 24 March 2019 (3.75 years unexpired)
Rent passing £234,000 per annum, reflecting £3.75 per sq ft
Offers are sought in excess of £2,750,000
A purchase at this level would refelect a Net Initial Yield of 8.04%, after allowing usual purchasers costs of 5.8%