Sold

Tatton Court, The Grange, Warrington


Size
24,620 sq ft
Tenant
Multi-let Industrial
Value
£2,315,000
Yield
6.25%

Property description

Tatton Court, The Grange, Warrington WA1 4RR

Excellent opportunity to acquire a highly reversionary, purpose built, multi-let industrial estate. Situated in a highly sought-after urban location, situated in the established Grange Industrial Area in Warrington.

Comprising 24,620 sq ft across 9 light industrial units. The property is let to 8 tenants with an excellent letting history producing a total income of £153,814 per annum with passing rents ranging from £5.36 – £7.50 per sq ft. Immediately available asset management opportunities to further enhance the Estate.

The purchase price of £2.315M reflects a NIY of 6.25% and a capital value of £94.03 per sq ft.