TypeOffice Investments
TenureFor sale
High specification office investment let to a single tenant on an FRI lease
Excellent EPC rating A-11
Passing rent: £172,500 per annum, exclusive, plus VAT
Over 7 years unexpired term
Net Initial Yield 8.8% (assuming purchaser's costs of 5.93%).
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
Riverside House is very conveniently located in Kings Reach Business Park, just off Junction 1 of the M60 motorway, in a well established commercial location, where other occupiers include Williams BMW, Stockport Hyundai, and Cheshire Datasystems Limited (CDL).