***INVESTMENT SALE*** 11,754 sqft Two Storey Self Contained office producing £143,500 per annum

 

Summary

  • Two Storey Self Contained Office Investment
  • Producing £143,500 p.a.
  • AWULT 7.5 years
  • Net Initial Yield 8.47%
  • Raised Access Floors
  • Air Conditioning
  • Passenger Lifts
  • Open Plan with Kitchen Breakout
  • 30 spaces including EV Parking
  • Within 1.7m of the M60

Location

Hercules Park is prominently located on Bird Hall Lane in Cheadle. The area is an established commercial location popular with Trade, distribution, technology and office occupiers due to it’s proximity to Cheadle Hulme Bramhall and Stockport.

M60 Junction 1 - 1.7 miles
Manchester Airport - 5 miles
Stockport Exchange - 2 miles

Local occupiers include APS Group, Morrisons, Thales UK.

Get directions from Google Maps

Further Information

Price £1,600,000

Rates Payable Upon Enquiry


Description

11,754 sqft Two Storey Self Contained Office Investment. The property which can be summarised as follows:

• Let on a floor by floor basis producing £143,500 p.a. income with an average unexpired term of 7.5 years
• Located within strong office rental market
• Providing predominantly open plan office space with a mix of meeting rooms, private offices & break out areas
• High Specification including Air conditioning, Access Control, Raised Floors, DDA, Double Glazing
• Feature Reception areas including toilets and 630kg passenger lifts
• Within close proximity to M56 & M60 providing direct access to the regional motorway networks
• Investment Profile. Tenanted by a tech and Workwear occupier
• Parking for 15 cars for each unit or 30 as a whole with 2 EV parking spaces. Bike Store Facilities also on site

Terms

Freehold

Accommodation

11,754 sq.ft

Services

All mains services available to the property. Electricity, water and drainage.

Rateable Value

For information on rateable value please visit www.voa.gov.uk

Income/Price

Producing - £143,500 per annum
From - £1,600,000 subject to contract.

EPC

Available on request.

VAT

All figures are quoted exclusive of but maybe subject to VAT.