Tenant: Multi-let Industrial
Size: 46,389 sq ft
A high yielding multi-let industrial investment opportunity, prominently located in Astmoor Industrial Estate, Runcorn, with good access to M62 and M56 Motorways. The property comprises 46,389 sq ft across 2 fully let units on a secure, self-contained site at a low passing rent of £171,516 pa (£3.70psf) offering good reversion.
The purchase price of £2.08M reflects a NIY of 7.75%, reversionary yield of 9.15% and low capital value of £44.83 psf.