Plantation Park, Wirral International Business Park, Bromborough, Wirral CH62 3RN
Wirral, CH62 3RP
Sold
Price
£9,650,000
Rent (pa)
£721,591
Yield
7.01%
Investment Summary
- Multi let industrial investment opportunity in the established industrial location of Wirral International Business Park, Bromborough
- Strategically situated for the wider highway network with easy access to Junction 5 of the M53 motorway
- 13 units with sizes varying between 3,723 sq ft and 73,724 sq ft
- Total floor area of 257,914 sq ft
- The estate is 98% occupied providing a topped-up rental income of £721,591 per annum, breaking back to a low rate of just £2.85 psf
- ERV of £964,032 (£3.75 psf)
- Total site area of 11.88 acres.
- Significant employment land to the south of the site currently undergoing reallocation to residential use.
- AWULT of 6.97 years to expiry and 3.33 years to breaks
- Freehold
- Offers in excess of £9,650,000
- Net Initial Yield of 7.01%
- Est. Reversionary Yield of 9.36%
- Capital Value of £37 psf
Interested in this property?
Contact our team for more information or speak directly with James Kinsler.
Contact UsSimilar Properties
Unit 2. Tenth Avenue, Deeside, CH5 2UA
£8,350,000Unit 2. Tenth Avenue, Deeside, CH5 2UA
Algeco UK, Makerfield Way, Wigan WN2 2PP
£11,500,000Algeco UK, Makerfield Way, Wigan WN2 2PP
Parkgate Industrial Estate, Knutsford WA16 8XW
£10,000,000Parkgate Industrial Estate, Knutsford WA16 8XW