Gateway & Studio, Roundthorn Industrial Estate, Southmoor Rd, Wythenshawe, Manchester M23 9DS

Manchester, M23 9DS

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Acquired
Gateway & Studio, Roundthorn Industrial Estate, Southmoor Rd, Wythenshawe, Manchester M23 9DS
Price £7,432,500
Rent (pa) £470,000
Yield 5.93%

Investment Summary

  • Off market acquistion of 2 x industrial units and large industrial open storage site
  • Highly sought after south Manchester location in close proximity to Manchester Airport
  • Total building area of 94,354 sqft and a 1.87 acre industrial open storage site
  • Let to Titan Containers Limited, JD Sports Gyms Limited & JD Sports Fashion PLC at a total rent of £470,000 (£4.27 psf)
  • AWULT of 5.31 years to expiries, 2.97 years to breaks
  • Significant reversionary potential
Town Manchester
Postcode M23 9DS
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