Morrisons (with Sublet To The Range) And McDonalds

Openshaw, M11 1DA

Property Size

79,250 sq ft


Location

Openshaw


Availability

Available

Description

Well secured retail investment. - Openshaw is located 2.5 miles to the east of Manchester City Centre. - Situated fronting A635 an arterial route into Manchester from the east connecting with the M60 orbital at Ashton-under-Lyne - Secured to the D&B 5A 1 covenants of WM Morrison (with part sub let to The Range) and McDonalds. - Forms part of Lime Square the principal retail & leisure offer for Openshaw and a key part of east Manchester regeneration. - Total passing rent £1,342,989 pa - Offers in excess of £24,500,000 subject to contract and exclusive of VAT - Net initial yield 5.14% after deducing purchasers costs of 6.76%

Tenure

Freehold £24,500,000 offers in excess of

Directions

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Andrew Scott

t. 0151 242 3043
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