High-Yielding Industrial Investment Opportunity, with Redevelopment and Repositioning Potential
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Investment-Highlights
Congleton is an established commercial and residential location, situated in the heart of Cheshire, 6 miles and a c.10-minute drive from Junction 17 of the M6, providing direct access to the national motorway network.
Steel portal frame manufacturing facility with a minimum eaves height of 8.79m, constructed to a high specification.
Substantial power supply of 5.5 MVA (with the potential to increase to 8.5 MVA, subject to availability within the grid).
Extending to 300,955 sq ft within a self-contained site of 11.62 acres (4.70 hectares).
The vendor will enter into a 2-year FRI lease on the property from completion of the sale, to allow them to decommission and exit the site.
During the leaseback period, the tenant will pay a rent of £1,504,755 per annum reflecting £5.00 psf.
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