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%