MW PROPERTIES (NO 70) LIMITED

Syndicate Type: Geared
Asset Type: Industrial
Property Address: Distribution Park, Trafford Park, Manchester, M32 0SZ

TENANT INFORMATION

Tenant: Unilin Distribution Ltd
Break Option: N/A
Lease Expiry: 31/08/2021
Years to break: N/A
Passing rent: £220,000
ERV: £225,000

LOCATION

Manchester is the third largest city in the country and lies within one of the largest metropolitan areas located in England’s north west. It is situated approximately 181 miles to the north west of London and is at the centre of the region’s motorway network with links to the M56, M61, M62, M6 and M67 motorways. Manchester and North West England are served by Manchester Airport. The airport is the busiest airport in the country outside the London region making it the 4th busiest airport in the United Kingdom in terms of passenger numbers and 3rd in terms of total aircraft movements. Manchester is well served by trains. Local operator Northern Rail and First Transpennine Express operates all over the North of England, and other national operators include East Midlands Trains and Virgin Trains. Trafford Park is located approximately 4 miles to the south west of the City centre, with the subject situated within Merlin Park, a 30 acre warehouse and distribution development positioned in close proximity of Junction 9 of the M60 orbital motorway. Also situated in close proximity of the subject are the Trafford Centre and the Manchester
International Rail Freight Terminal, while the park is also serviced by the Metrolink Light Rapid Transit Systems.

PROPERTY DESCRIPTION

The subject is modern industrial distribution unit built circa 2006 comprising steel portal frame construction on a reinforced concrete slab foundation with profiled steel external cladding. The unit has an internal eave height of approximately 8 metres with a 50k/n loading capacity to the concrete floor. The warehouse has two roller shutter loading doors, while there is also a further two loading doors each with a dock leveller. The internal layout comprises single level integral block constructed offices that incorporate entry and reception area, a staff room and amenities. The warehouse is open plan. The property is situated within an approximate site area of 2.32 acres, the secured yard area is hardstand and reinforced with parking provision for 42 vehicles and turning and parking areas for articulated lorries with a capacity of 44 tonnes.