Zip 56, Ashton Fields Road, Whitehouse Industrial Estate, Runcorn, Cheshire WA7 3FZ

Acquired
Zip 56, Ashton Fields Road, Whitehouse Industrial Estate, Runcorn, Cheshire WA7 3FZ
Price -
Rent (pa) £460,831
Yield -

Investment Summary

Excellent transport links located 5 minutes’ drive from J11 of the M56.

Comprising 5 terraced industrial units extending to 82,870 sq ft with 19,067 sq ft of office space.

Overall floor area of 101,937 sq ft across a 4.74 acre site.

Currently let to 4 tenants, with an average of 11 years in occupation.

Headline rent of £460,831 which equates to a low rent of £4.52 psf.

ERV of £663,752 pa (£6.51 psf), showing 44% reversion.

Ability to capture significant reversion within the next 12 months

WAULT of 5.23 years to expiry and 3.92 years to break.

Day 1 asset management opportunities to further enhance the estate and capture reversion quickly.

Freehold

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