£2,150,000

Industrial for sale

  1.  Aerial  Deans Road Trading Estate.Jpg
  2.  Deans Road.Jpg
  3.  Deans Road Trading Estate.Jpg
Freehold

Offers over

£2,150,000

(£87.76/sq. ft)

Industrial for sale

Multi-Let Highly Reversionary Industrial Investment, Deans Road Trading Estate, Deans Road, Swinton M27

24,498 sq. ft

Local area information

Property location

Nearby amenities

  • Moorside Primary School 0.2 miles
  • St Peter's CofE Primary School 0.2 miles
  • Swinton (Manchester) 0.5 miles
  • Moorside 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Multi-let highly reversionary industrial investment opportunity in Swinton, Greater Manchester.
  • Located on the established Deans Road Trading Estate, within 5 miles of Manchester City Centre.
  • Total Floor Area of 24,498 Sq Ft.
  • 3 industrial units subject to occupational tenancies, plus Estate Freehold comprising an additional 5 similarly sized units.
  • Total rental income of £131,581 pa pa.
  • Low average rent of £5.37 psf – approx. 23% under-rented to market.
  • Estimated rental value £171,486 pa (£7.00 psf).
  • Offers in excess of £2,150,000 (STC).
  • Excellent transport connections with J14 of M60 Motorway located within 1 mile and Swinton and Moorside train stations both within 0.5 miles.

  • Description

    The property provides a multi-let industrial estate comprising three units with a total floor area of 24,498 sq ft.

    The units provide industrial warehouses of steel frame construction with full height brick elevations below asbestos sheet pitched roofs. The majority of the units provide two storey, brick-built offices to the front with flat bitumen covered roofs. Externally, the units have the benefit of a large communal yard to the front of the site.

    The Freehold for Deans Road Trading Estate is included with the sale comprising 8 units total.

    Location

    Deans Road Trading Estate is situated on Deans Road in Swinton, Greater Manchester.

    The property is in a popular business location with the well-established Wardley Industrial Estate being situated nearby which is home to Toolstation, ScrewFix, Howdens and Royal Mail. The property is strategically located within close proximity to the A580 (East Lancs Road) providing quick access to the M60, M62 and M61 motorway networks, with J14 of the M60 located within 1.5km. Manchester city centre is a short ride down the A580 situated 5 miles to the east.

    The property also benefits from good public transport connections with both Swinton and Moorside train stations both located within 0.5 miles.

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