The property is situated approximately 1.5 miles from Manchester City Centre and benefits from immediate access to the M602 motorway and comprises 47 units within a gated estate totalling 51,570 sq ft.
The property was purchased off a price reflecting a net initial yield of just under 9%.
Kevin Surplice of AWS Ltd said “we believe this estate to be in an ideal location to take advantage of Manchester City Centre and the motorway network and are pleased to have been able to secure a genuinely multi let industrial estate off a generous net initial yield in today’s market. We believe the estate has good rental growth prospects and our Client has purchased as medium to long term holders”.
