Commercial Property in M44 available for sale
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Distribution Warehouses for Sale near M44, Manchester

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Distribution Warehouses for Sale Within 5 miles of the M44, Manchester

More details for Ashburton Rd W, Manchester - Industrial for Sale

Kerry logistics - Ashburton Rd W

Manchester, M17 1RW

  • Industrial for Sale
  • £7,200,000
  • 62,439 sq ft
  • Security System

Manchester Industrial for Sale

- Urban logistics unit totalling 62,439 sq ft GIA. - Highly reversionary passing rent reflecting a very low £6.77 per sq ft. - Headline rents for similar size new-build units achieving c.£15.00 per sq ft. - Let to the strong covenant of KLN Freight (UK) Ltd (D&B rated 4A1), part of KLN Group for a further 4.2 years to lease expiry. - The unit is the tenant's UK HQ and they have been in occupation for c.35 years. Quoting Price: £7,200,000 NIY: 5.50% Headline Reversionary Yield: c.8.94% Very low Capital Value of £115 per sq ft.

Contact:

Knight Frank LLP

Property Subtype:

Distribution Warehouses

Date on Market:

31/07/2025
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