Unit D James Nasmyth way - Industrial FOR SALE


Manchester, GTM M30 0SF
$700,000 USD
189-023-4757
Unit D James Nasmyth way, Manchester, GTM for Sale
$700,000 USD
Industrial - FOR SALE
1/12
null | Request Cap Rate

Unit D James Nasmyth way
Manchester, GTM M30 0SF


HIGHLIGHTS

  • Detached warehouse & yard premises
  • 0.389 acre plot
  • Secure estate, centrally monitored CCTV
  • Well established business park close to Manchester City Centre
  • Rare freehold industrial opportunity with self-contained yard
  • Asking Price - £700,000 exclusive and ERV of c.£8.50 - £9.00 per sq ft

OVERVIEW

LOCATION The premises are situated in Eccles, on the popular and well established James Nasmyth Way, close to Junction 11 of the M60 motorway, accessed via the A57 Liverpool Road. Junction 2 of the M602 is within approximately 1.5 miles. Eccles is approximately 3.5 west of Manchester City Centre on the M602. The M60 motorway provides access across Manchester and links to the National Motorway Network. DESCRIPTION The property comprises a detached industrial unit of steel truss frame construction, with low-level brick elevations and profile metal cladding above. The roof is of a pitched profile metal sheet cladding with approximately 25% natural roof lights. Lighting is provided via suspended high intensity sodium bay lights and heating via gas powered ambi-rad suspended heaters. Internally, the accommodation is majority open-plan warehousing plus a single storey block constructed office/training facility, which also incorporates staff welfare facilities, including kitchen and WC's. Externally, the property has the benefit of a spacious enclosed yard with palisade boundary fencing accessed by a double swing action gate. The yard is part concrete and part tarmacadam surfaced and access to the unit is provided via a large roller shutter loading bay set within the front elevation. ACCOMMODATION In accordance with the RICS Property Measurement (2nd Edition), we have calculated the following approximate Gross Internal Areas: Description/Floor Sq M Sq Ft Unit D, Nasmyth Way 627.54 6,755 Set upon an approximate site area of 0.389 acres SERVICES The mains services connected to the property include water supply, gas supply, electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property. SALE PRICE £700,000 exclusive. VAT VAT may be applicable and if so, will be charged at the prevailing rate. TENURE The property is held Freehold under Title Number GM740567. BUSINESS RATES Our enquiries of the Valuation Office Agency website have revealed that the subject property has a Rateable Value of £37,500, with effect from 1st April 2023. The 2023/2024 Business Rates Multiplier is 51.2 pence in the £ and the Small Business Rates Relief Multiplier is 49.9 pence in the £. SERVICE CHARGE There are service charge provisions associated with the property. Further details are available on request. TENANCIES The property is let to Spizarnia (UK) Limited (CRN.07926781 for a term of years expiring on 18th December 2024. The passing rental is £34,750 per annum (£5.14 per sq ft). The property is let on Tenant's Full Repairing and Insuring terms. Spizarnia are a Polish food wholesaler, supplying Polish food shop owners in Western European countries, mainly in the UK, Netherlands, Belgium, Iceland, Austria and Germany. LEGAL COSTS Each party are to be responsible for their own legal costs involved in the transaction. EPC The property has an current Energy Efficiency Rating of D(93). The certificate is valid until 3rd December 2028. A full copy of the Report is available upon request. ANTI-MONEY LAUNDERING In accordance with Anti Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. VIEWINGS Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Adam WestwellTurner WestwellMore Info
189-023-4757

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Adam WestwellTurner WestwellMore Info
189-023-4757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.