Gateway 49 Trade Park, Kerfoot Street, Warrington WA2 8NT


Size
100,732 sq ft
Tenant
Multi Let
Value
£20,000,000
Yield
5.45%
Capital value
£199 psf

Property description

A rare opportunity to acquire a significant, established industrial trade park. Located in Warrington, the North West’s premier multi let industrial and trade location with a prime pitch on the A49 corridor.

Comprising 100,732 sq ft across 25 well-specified units (2,950 – 8,254 sq ft), of which are 92% let to trade occupiers including Edmundson Electrical, YESSS Electrical, Crown paints, Toolstation, Screwfix, and others.

The estate is 85% let and has a total headline rent of £1,164,235 per annum (£7.49 - £15.50 psf), with an opportunity to capture short term reversion with an ERV of £1,418,663 per annum (£13.50 - £16.00 psf).

The purchase price of £20.00M reflects a NIY of 5.45%, RY of 6.78% and a Capital Value of £199 psf.


Request details

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Property of interest: Gateway 49 Trade Park, Kerfoot Street, Warrington WA2 8NT

Agents

Simon Wood

E: simon@b8re.com

T: 07793 119210

John Burrows

E: johnb@b8re.com

T: 07921 137200

Matt O'Reilly

E: matthew@b8re.com

T: 07825 883722