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Lyons Rd 9,107 sq ft Industrial Property Manchester M17 1RN £895,000 (£98.28/sq ft) 1.12% Net Initial Yield
Investment Highlights
- Located on Lyons Road, just off Ashburton Rd West in the heart of Trafford Park, the north west's premier industrial location.
- Major occupiers include Kellogg's, Adidas, Proctor and gamble and L'Oréal.
- Access to both Junction 2 of the M602 and Junction 9/10 of the M60 are less than 1 mile from the property.
Executive Summary
Occupational Tenancy
The site will be sold with a tenant in situ to the rear of the site fronting Bailey Road, which does not interfere with the use of the car park or yard area. The Carburante Café Ltd occupy a converted Storage Container to the rear of the yard/ car park. The lease is 10 years from September 2021 at a passing rent of £10,000 pa.
The site will be sold with a tenant in situ to the rear of the site fronting Bailey Road, which does not interfere with the use of the car park or yard area. The Carburante Café Ltd occupy a converted Storage Container to the rear of the yard/ car park. The lease is 10 years from September 2021 at a passing rent of £10,000 pa.
Property Facts Sale Pending
| Price | £895,000 | Total Plot Size | 0.10 ac |
| Price per sq ft | £98.28 | Net Internal Area (NIA) | 9,107 sq ft |
| Sale Type | Investment or Owner Occupier | No. Floors | 3 |
| Yield | 1.12% | Year Built | 1978 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.99/1,000 sq ft |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 1 |
| Costar Property Class | C |
| Price | £895,000 |
| Price per sq ft | £98.28 |
| Sale Type | Investment or Owner Occupier |
| Yield | 1.12% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Costar Property Class | C |
| Total Plot Size | 0.10 ac |
| Net Internal Area (NIA) | 9,107 sq ft |
| No. Floors | 3 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Allocation | 0.99/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Fenced Lot
- Security System
- Signage
- Reception
- Perimeter Security Fence
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