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Riverside House, Kings Reach Business Park, Yew Street, Stockport, SK4 2HD

Kings Reach Business Park,Stockport,SK4 2HD

See Map

£2,350,000 Subject to contract

Contact Our Agency Team

General Enquires: 0161 476 9476

Sales & Lettings: 0161 480 3880

measurements

10,759 sq.ft /

999.5 sq.m

Agreement

Buy

Property Description

High specification office investment let to a single tenant on an FRI lease

Property Features

  • Passing rent: £163,114 per annum, exclusive, plus VAT
  • ERV circa £200,000 per annum, exclusive, plus VAT
  • Net Initial Yield 6.5% and Reversionary Yield 8% (assuming purchaser's costs of 6%).
  • 31 dedicated car parking spaces
  • Air-conditioning
  • Raised access floors, suspended ceilings and LED lighting
  • 8 person passenger lift
  • Located just off junction 1 of M60 motorway
  • Stockport rail station 10 minutes' walk and Stockport retail centre 10 minutes' walk
  • Manchester Airport 15 minutes' drive

Property Location

Riverside House, Kings Reach Business Park, Yew Street, Stockport, SK4 2HD

Kings Reach Business Park,Stockport,SK4 2HD

See Map

£2,350,000 Subject to contract

Enquire about this property

Or For more information about this property, please contact us on 0161 480 3880