Modern Warehouse Investment
Modern Warehouse Investment Producing £34,417pa Alexander House 173 Eccles New Road Salford Manchester M5 4UD
• Busy main road position • Existing tenant ADI Global Distribution have been in occupation for circa 20 years
Location The property is located on the south side of Eccles New Road (A57) at its junction with West Ashton Street in the Weaste area of Salford. Junction 3 of the M602 motorway is less than a mile to the east. Manchester City Centre is approximately 3 miles to the east and Salford Quays/Media City is approximately 1 mile to the south. Langworthy Metrolink Station is within walking distance of the subject property.
General Description The property comprises a single storey warehouse of steel portal frame construction beneath a pitched steel sheet roof with brick/blockwork elevations. The accommodation comprises a modern reception area, open plan warehousing and a section of offices including WC and kitchen facilities. The unit has roller shutter access to the rear, a gas hot air blower and an eaves height of 4m. Externally, there is a secure tarmac car parking area with circa 6 spaces.
Accommodation
The property is held long leasehold on a 999 year lease from 25 March 1982.
As measured on a gross internal basis in accordance with the RICS Property Measurement 1st Edition the areas are as follows: Reception Warehouse Offices/Kitchen/WCs Total
Tenure
44.02m2 301.36m2 183.43m2 528.81m2
The property has a Rateable Value of £21,750 (April 2017). (5,692 sq ft)
Lease The property is let to ADI-Gardiner Ltd trading as ADI Global Distribution – a sizeable international security company with over 200 branches worldwide. The lease is for 6 years from 25 December 2015 with a break on 24 December 2018 at a passing rent of £34,417 per annum based on fully repairing and insuring terms. It is worth noting that the tenant has been in occupation for circa 20 years.
Asking Price
Business Rates
EPC A copy of the EPC is available on request.
VAT All figures quoted are exclusive of but may be liable to VAT.
Viewing By appointment with the sole agent : WT Gunson for the attention of Neale Sayle
Offers in the region of £325,000.
(Email: [email protected]) Date of Preparation 6/4/2017
• Busy main road position • Existing tenant ADI Global Distribution have been in occupation for circa 20 years
Location The property is located on the south side of Eccles New Road (A57) at its junction with West Ashton Street in the Weaste area of Salford. Junction 3 of the M602 motorway is less than a mile to the east. Manchester City Centre is approximately 3 miles to the east and Salford Quays/Media City is approximately 1 mile to the south. Langworthy Metrolink Station is within walking distance of the subject property.
General Description The property comprises a single storey warehouse of steel portal frame construction beneath a pitched steel sheet roof with brick/blockwork elevations. The accommodation comprises a modern reception area, open plan warehousing and a section of offices including WC and kitchen facilities. The unit has roller shutter access to the rear, a gas hot air blower and an eaves height of 4m. Externally, there is a secure tarmac car parking area with circa 6 spaces.
Accommodation
The property is held long leasehold on a 999 year lease from 25 March 1982.
As measured on a gross internal basis in accordance with the RICS Property Measurement 1st Edition the areas are as follows: Reception Warehouse Offices/Kitchen/WCs Total
Tenure
44.02m2 301.36m2 183.43m2 528.81m2
The property has a Rateable Value of £21,750 (April 2017). (5,692 sq ft)
Lease The property is let to ADI-Gardiner Ltd trading as ADI Global Distribution – a sizeable international security company with over 200 branches worldwide. The lease is for 6 years from 25 December 2015 with a break on 24 December 2018 at a passing rent of £34,417 per annum based on fully repairing and insuring terms. It is worth noting that the tenant has been in occupation for circa 20 years.
Asking Price
Business Rates
EPC A copy of the EPC is available on request.
VAT All figures quoted are exclusive of but may be liable to VAT.
Viewing By appointment with the sole agent : WT Gunson for the attention of Neale Sayle
Offers in the region of £325,000.
(Email: [email protected]) Date of Preparation 6/4/2017
