TypeOffice Investments

SK4 Riverside House, Kings Reach Business Park, Stockport

TenureFor sale

Riverside House, Kings Reach Business Park, Stockport, SK41/9

Specification

Building size
Building size10,759sqft
Property type
Property typeOffice Investments
Tenure
TenureFor sale

Description

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

Location

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).

Map