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Rehau, Manor Point, Runcorn


Size
131,960 sq ft
Tenant
Rehau Limited
Value
£10,525,000
Yield
6.25%

Property description

Rehau, Manor Point, Blackheath Lane, Manor Park, Runcorn

A prime detached distribution unit with an additional 2.13 acre secure concreted yard situated adjacent to the property and linked to the main warehouse.  The property is secured to the substantial covenant of Rehau Limited with an unexpired term of approximately 15.5 years.

Overall passing rent of £695,990, reflecting £4.89 per sq ft on the building and £23,474 per acre on the additional secure yard space.  Five yearly reviews to greater of OMRV or CPI.