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Univar Solutions, Irlam


Size
8.96 acres (3.63 acres)
Tenant
Univar Solutions UK Limited
Value
£6,720,000
Yield
5.00%

Property description

Opportunity to acquire a prime long income industrial investment. Excellent strategic location, positioned between J11 of the M60 and J21 of the M6.

Unbroken 30-year index linked lease to Univar Solutions UK Limited – outstanding covenant with a D&B rating of 5A1. The property comprises 8.96 acres (3.63 acres) at a low passing rent of £358,400 (40,000 per acre).

The purchase price of £6.72M reflects a NIY of 5.00%, with a low capital value of £750,000 per acre.