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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

  • Excellent EPC rating A-11
  • 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 and Manchester Airport 15 minutes' drive
  • Stockport rail station 10 minutes' walk and Stockport retail centre 10 minutes' walk

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