Unit 1 Stadium Court, Stadium Road, Bromborough, Wirral CH62 3RN

Wirral, CH62 3RN

Sold
Unit 1 Stadium Court, Stadium Road, Bromborough, Wirral CH62 3RN
Price £1,450,000
Rent (pa) £77,128
Yield 5.01%

Investment Summary

  • Modern single let distribution warehouse investment opportunity
  • Located within the established commercial location of Wirral International Business Park
  • Strategically situated for the wider highway network with easy access to Junction 5 of the M53 motorway
  • Total floor area of 14,219 sq ft
  • Large site of 0.88 acres, providing a low site cover of 33%
  • Let to Ungerer Ltd (Company Number: 629190)
  • 10 year lease expiring 9th August 2028 (6.4 years unexpired)
  • Ungerer Ltd have net assets of in excess of £45m
  • Passing rent of £77,128 per annum (£5.43 psf)
  • Rent to be reviewed in August 2023 in line with OMRV.
  • ERV of at least £99,533 per annum (£7.00 psf)
  • Freehold
Town Wirral
Postcode CH62 3RN
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