* SOLD *


Bromborough Point

130,983 Sq Ft

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Industrial - Bromborough Point, Old Hall Road, Bromborough, CH62 3NX

* SOLD *

- Excellent opportunity to acquire a high yielding, self-contained multi-let industrial opportunity.

- Situated in Bromborough, one of the principal commercial centres on The Wirral and close to the Birkenhead Docks, forming part of the Port of Liverpool.

- Prominent location within the highly successful Wirral International Business Park with excellent access to Junction 5 of the M53 Motorway.

- Comprising 5 units and extending to 130,983 sq ft of accommodation across a secure 6.7 acre site. Individual unit sizes range from 4,988 sq ft to 48,585 sq ft.

- The property is currently fully let to 4 different tenants with an AWULT of 4.62 years (3.35 years to break).

- Total passing rent of £431,556 per annum with rents ranging from £1.50 psf (unrefurbished) to £4.00 psf.

- Potential ERV of £461,938 per annum.

- Numerous asset management opportunities available.

- We have been instructed to seek offers in excess of £4,500,000 (Four Million Five Hundred Thousand Pounds), subject to contract and exclusive of VAT

- A purchase at this level reflects an attractive NIY of 9.00% and a low capital value of £34.35 per sq ft.