Modern multi-let industrial estate with clear income and parking, offered at c. £1.5m..
14,296 sq ft of modern industrial accommodation
A multi-unit industrial investment totalling 14,296 sq ft on a 0.69-acre site in Runcorn, offered at c. £1.5m. The estate is part-income producing with an estimated fully-let rental income of £129,000 per annum, which equates to a notional initial yield of 8.69% on letting. Construction is steel-frame with insulated cladding; units appear in good condition and provide dedicated loading, yard space and generous on-site parking.
The sale is offered as a whole and suits an investor seeking stable, multi-let industrial income. At least two units are proposed for leaseback (Units 3 and 5 on a 6-year lease at £40,000 p.a.), while other units include vacant possession potential. The compact site layout is practical for light industrial, trade counter or logistics occupiers and supports straightforward management of multiple tenants.
Location and tenant risk should be considered: the site sits adjacent to residential neighbourhoods and other light industrial uses, within an area described as very deprived with above-average crime and a local population of “renting hard‑pressed workers.” These socio-economic factors may affect tenant demand and rental growth. Tenure details reference either freehold or a very long 999‑year lease; purchasers must verify legal title and lease specifics as part of due diligence.
In summary: clear income prospects and practical modern units with good parking and access, offered at approximately £105 per sq ft. Suitable for investors targeting income and short-to-medium-term asset management, but assess local demand, tenancy mix and title terms prior to purchase.
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