Sold

Expressway Industrial Estate


Size
28,000 sq ft
Tenant
Multi-let
Value
£1,545,000
Yield
7.75%

Property description

Expressway Industrial Estate, Runcorn Docks Road, Runcorn, Cheshire, WA7 4US

A modern self-contained multi-let industrial estate, developed in the late 1990s and offering a mixture of both trade counter and traditional industrial accommodation.

The estate is let on 17 tenancies with one unit currently vacant (2,000 sq ft). Overall passing rent of £126,485 (£4.52 per sq ft).

The estate offers numerous asset management opportunities and a potential reversionary yield of 9.24%.