Strategic location on Winsford Industrial Estate, close to the M6.
• Freehold, Manufacturing and Distribution HQ, totalling 158,703 sq ft.
• New FRI lease to Schoeller Allibert Ltd, for 15 years at £650,000 pa (£4.10 psf), with Group parent company guarantee.
• Schoeller Allibert is Europe's market leader in Returnable Transit Packaging, with a Dun & Bradstreet Rating of 4A1.
• Five yearly, annually compounded rent reviews to RPI (subject to a collar and cap of 2% - 4% p.a).
• Very strong regional occupational market with extremely favourable supply/demand market dynamics.
• Tenant currently extensively utilising all the buildings on site.
• We are instructed to seek offers in the region of £9,000,000, subject to contract. This reflects 6.77% NIY, projected to grow to 7.91% in 5 years, assuming standard purchaser's costs of 6.68%.
• Low capital value of £56.71 psf.