Under offer

Greenbridge Technology, 6 Platinum Court, Alchemy Business Park, Knowsley, L33 7XN


Size
12,072 sq ft
Tenant
Laptop Power (NW) Limited (t/a Greenbridge Technology)
Value
£1,330,000
Yield
NIY 6.00% & RY 8.52%
Capital value
£110

Property description

Excellent opportunity to acquire a highly reversionary modern detached single let industrial investment. Situated in a prime location in Knowsley with immediate access to the A580 linking Manchester and Liverpool.

The property is let to a strong covenant on a 10 year lease commencing 23 May 2022, subject to a tenant break option and an open market rent review in year 5.

The property comprises a 12,072 sq ft unit at a low passing rent of £84,637 pa (£7.00 psf), with a reversionary rent of £120,720 pa (£10.00 psf)

The purchase price of £1.33m reflecting a NIY of 6.00%, RY of 8.52% and a low CV of £110 psf.


Request details

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Property of interest: Greenbridge Technology, 6 Platinum Court, Alchemy Business Park, Knowsley, L33 7XN

Agents

Joe Sinclair

E: joe@b8re.com

T: 07545 989810

John Burrows

E: johnb@b8re.com

T: 07921 137200