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Unit 1
Sold

Unit 1

Wellfield Business Park, Chester Road, Preston Brook, Warrington, WA7 3AZ

  • 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 

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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