N Florida Road - Haydock Industrial Estate - Coral Products Plc, Haydock, MSY

The property comprises four buildings of steel frame construction, with brick elevations. Providing manufacturing and warehouse facilities. The four buildings are: Building 1 (Main Warehouse) 5,726.08 sq m - 61,636 sq ft
Building 2 (Bahama Road) 1,045.04 sq m - 11,249sq ft
Building 3 (Original Factory) 1,561.25 sq m - 16,805 sq ft
Building 4 (Deltona Building) 719 sq m - 7,740 sq ft
The property is located prominently adjacent to the A580 on North Florida Road which is one of the principal estate roads running through Haydock Industrial Estate. This road links the Costco retail store to the East Lancashire Road.

Sale Notes:
The available investment opportunity comprises a dedicated warehouse and manufacturing facility made up of 4 units together with dedicated yard and servicing areas. The property is let to Coral Products Plc on a 15 year FRI lease (subject to a schedule of condition) from 8th January 2010 at an annual rental of £304,830 per annum. There is a tenants option to determine the lease upon expiry of the tenth year. The rental is subject to 5 yearly upward only rent reviews and equates to only £3.13 psf. There are therefore 8.5 years unexpired to the break and 13.5 years to lease expiry.
The freehold is available to purchase as an investment.