Sold

Atlas Point, Altrincham, Cheshire


Size
26,958 sq ft
Tenant
Multi-let
Value
£2,000,000
Yield
8.00%

Property description

An excellent opportunity to acquire a comprehensively refurbished multi-let estate, providing a mixture of trade, industrial and office accommodation.  The property is located in a prime location, fronting onto Atlantic Street, the principle commercial location within the affluent suburb of Altrincham, Greater Manchester.  The property provides 21,535 sq ft of trade industrial accommodation and a further 5,349 sq ft of offices.

The property is well let to 8 different tenants with just one office suite vacan (74 sq ft).  It provides a low passing rent of £169,961 per annum, reflecting £5.60 psf on the trade units and £9.07 psf on the offices.

Pricing at £2,000,000 reflects £74.19 per sq ft.