Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view Multi Let Industrial Investment Opportunity, Victoria Trading Estate, Drury Lane, Chadderton, Oldham, OL9 7PJ 23,679 Sq Ft / Industrial / General Industrial Withdrawn - Last updated: 17 December 2021 - Multi-Let industrial estate with additional development land (stp).- Located in Oldham, just off Manchester Road, 200m from junction 22 of the M60 motorway.- Two industrial units, one of which has been split into three self-contained units.- 23,679 sq ft of accommodation.- Additional 1.91 acres of hard sanding with development potential (stp).- Total site area of 3.16 acres with a very low site coverage of 18%.- Current rent of £67,079 pa.- AWULT of 4.94 years (4.52 to expiry).- Ability to increase income to £90,784 pa by letting the vacant unit (this excludes hard standing areas).- Offers in excess of £850,000 (Eight Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.- Applying £125,000 per acre to the development land, the net initial yield is 10.15% and a reversion of 13.74%, assuming acquisition costs of 5.80%. Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist