Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

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This property advert is no longer active.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.

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.

Industrial Investment Opportunity, Unit 3 Enterprise Trading Estate, Lees Street, Gorton, Manchester, M18 8QU

6,578 Sq Ft / Industrial / Investment

Withdrawn - Last updated: 04 May 2021

The property consists of a ground floor light industrial unit of steel portal frame and block and profile clad elevations beneath a pitched steel profile roof. Internally the unit is currently fitted out as a vehicle repair workshop and is largely open plan with offices, a staff room and WC facilities.

The unit benefits from three phase electricity supply and there is a total of 7 parking spaces provided at its frontage.

Enterprise Trading Estate is made up of 14 units light industrial units and is managed by way of a service charge that is recoverable from each tenant.

This property offers the final opportunity to acquire a high yielding asset on an industrial estate that has been extremely popular with both tenants and investors in 2019.

( Agency Pilot Software Ref: 907 )

Location

Enterprise Trading Estate is located in Gorton, approximately 3 miles to the east of Manchester City Centre. The M60 motorway is approximately 2 miles from the site via Junctions 23 & 24. Gorton Railway Station is directly opposite and provides regular services to Manchester Piccadilly.

Accommodation

Unit 3 - 611 sq m (6,578 sq ft)

Terms

PURCHASE PRICE
We are instructed to seek £XXX subject to contract which equates to an initial yield of 9%

EPC
A copy of the Energy Performance Certificate is available upon request.

VAT
It is understood that VAT is not applicable to the purchase price.

For details of the Lease Summary, please view attached brochure.

Specification

  • Last remaining unit on the Industrial Estate
  • New 10-year lease signed October 2019
  • Three yearly rent reviews to the greater of market rent or RPI
  • Attractive Initial yield of 9%


Email me updates about similar new properties


Show similar properties

Contact agents

Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.