Tenant: Bentley Motors Ltd
Size: 23,705sq ft
An excellent opportunity to acquire a highly reversionary detached 23,705 sq ft office building on a large 4.13 acre site (site cover 14%). The property is located in a good strategic location, immediately to the East of Middlewich town centre and within 1.8 miles of J18 of the M6.
The property is let to the excellent covenant of Bentley Motors Ltd on a lease from 1 July 2017, subject to a 12 month rolling break. The passing rent is £120,000 per annum, reflecting just £5.06 psf and providing substantial scope for reversion.
Pricing at £1,300,000 reflects £54.84 per sq ft.