Investment Summary

High yielding, mixed use and multi-let business centre, with potential to improve the income and/or redevelop (subject to planning).

Located in Ashton-under-Lyme a densely populated area which benefits from close proximity to Manchester City Centre.

Strong Connectivity being only 1 mile to Junction 23 of the M60 Manchester Outer Ring Road.

The property is not listed and provides a total rentable building area of approximately 69,902 sq. ft.

Let to 23 individual businesses with an occupancy rate of 100%

Grosvenor Business Centre generates a gross annual income of £283,929 per annum.

Strong reversion potential with an Estimated Rental Value of approximately £356,569 per annum.

Site area 1.892 acres (0.766 hectares)

Asset management opportunities include lease re-gears; development of further workshop space in the yard and the future redevelopment potential of the entire site – subject to obtaining the necessary planning consent.

Freehold