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Road One

Industrial unit for sale

£2,125,000 43,533 sq ft

Legat Owen
Contact name

Matthew Pochin - Legat Owen

Full address
Road One, Winsford CW7 3RL – CW7
Highlights
  • Detached and self-contained
Property owner
Stretton Property Group
Property type

Industrial unit for sale

Asking price
£2,125,000
Available space range
There is 1 space available. This measures 43,533 sq ft.
Features
Roller shutters
Brochure
Download the brochure

Sale details

Sale unit 3371695 Available

43,533 sq ft, £48.81 per sq ft

Unit Sale unit 3371695
Address Road One, Winsford, Cheshire, CW7 3RL, GB
Size 43,533 sq ft
Price £2,125,000
Price per unit £48.81 per sq ft
Unit Sale unit 3371695
Address Road One, Winsford, Cheshire, CW7 3RL, GB
Size 43,533 sq ft
Price £2,125,000
Price per unit £48.81 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 7.06%
Financial type Actual
Financial year 2018
Net operating income £150,025

Sale notes

  • Investment summary 20 year lease with effect from 23rd october 2013 (no break option) current rent passing £159,500 per annum (£3.66 per sq ft) offers sought in excess of £2,125,000 exclusive of vat.
  • A purchase at this level reflects an attractive net initial yield of 7.06% (assuming purchasers costs of 6.31%) capital value, after purchasers costs of £48.81 per sq ft prominent frontage onto road one on winsford industrial estate tenant has invested approximately £2,500,000 fitting out the facility.

Property description

The property comprises a detached self-contained, manufacturing facility with prominent frontage onto Road One on Winsford Industrial Estate. The original building is of steel frame construction under a north light roof. The elevations are clad in brickwork to the lower sections with insulated cladding to the upper sections and roof. The production area has a clear eaves to 5 metres. Servicing is provided by level access and dock level doors. Servicing is provided for HGV’S to the rear, with a secure yard and compound. Two storey office/staff accommodating is constructed adjacent to the northern elevation which is accessed directly from Road One. The offices have a large dedicated tarmacadam car park. The offices provide a good mix of welfare facilities for office and operational staff along with open plan and cellular offices. The offices have been recently modernized by the tenant. The property was further extended in 2012/2013 to provide additional warehousing capability at the southern end of the site. The warehouse is of steel portal frame construction being clad with insulated steel sheet cladding to the elevations and roof. Loading is provided to the southern elevation by way of a sectional loading door giving access to a loading bay. The extension has an eaves height of 7 metres.

Building subtype
Warehouse
Number of storeys
1
Ceiling height
276.0"
Parking ratio
0.68
Rentable building area
43,533 sq ft
Year built
2000

Attachments

PDF #1 Marketing brochure/flyer Download
PDF #2 Marketing brochure/flyer Download

This industrial unit for sale is located in CW7.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Legat Owen. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Legat Owen for full details and further information.