Asking Price
Area Size
NOI Net Operating Income
Cap Rate

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Property Reference Number 42096724
Building Area Gross

Property description

The property compromises a single-let unit which extends to approximately 19,352 sq m (208,310 sq ft). The property is let Premier Foods Group Limited on a 4.12 year unexpired term.


Investment highlights

  • The property is situated in a popular Industrial /Trade location in Moreton, on the Wirral Peninsula.
  • The asset benefits from excellent communications being situated in close proximity to Junction 1 and 2A of the M53 Motorway.
  • Comprises a 1960s-built bakery known as the “Home of Cadbury Mini Rolls”, extending to 208,310 sq ft over ground and first floors.
  • Site area of 6.98 acres, equating to c. 37% site cover.
  • Bellway Homes are currently developing 257 residential properties adjacent to the site.
  • Let to Premier Foods Group Limited, with an unexpired term of 4.12 years.
  • Passing rent of £632,000 per annum, reflecting a low £3.03 per sq ft overall.
  • Huge potential for future redevelopment, including as a residential site.
  • Freehold.
Last Updated Date: 08 Dec 2021

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Last Updated Date: 08 Dec 2021

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