Sold

Baltic Road Industrial Estate, Bootle, Liverpool


Size
42,617 sq ft
Tenant
Multi-let
Value
£960,000
Yield
10.66%

Property description

A multi-let terrace of 42,617 sq ft across 4 adjoining units offering both manufacturing and storage accommodation.  The property is strategically located close to the entrance to the Port of Liverpool, with UK’s largest free zone, approximately 2 miles north of Liverpool City Centre

The property is fully let to three different tenants, with a low passing rent of £108,250 pa  (£2.54 psf), with numerous asset management opportunities to further enhance the estate.

The purchase price offers a potential reversionary yield of 11.54% and reflects a low capital value of £22.52 per sq ft.