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