Established commercial location adjacent to junction 11 M56 with good accessibility to Manchester, Chester, Warrington and Manchester Airport
Prominent business park with high visibility from the M56 and A56
Modern two-storey B1 facility providing 7,805 sq ft net with 26 car parking spaces
Freehold
Let on a FRI lease expiring 30 April 2027 (9.6 years unexpired) to Phoenix Medical Supplies Limited
Current rent £93,600 per annum (only £12.00 psf) with potential reversion to up to £101,500 per annum (£13.00 psf)
Phoenix Medical Supplies Ltd is a D&B 5A1 rated covenant, offering exceptional security
Offers are sought in excess of £1,100,000 (One million, one hundred thousand pounds) exclusive of VAT to provide a purchaser with a net initial yield of 8.04% with potential reversion to 8.72% after normal purchase costs
