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Deeside, south of Liverpool

Great Bear Distribution

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Overview

The property is located in Deeside Office Park, one of the principal industrial locations in the North West benefitting from excellent access to the national motorway network. It is located approximately 16 miles south of Liverpool and 42 miles west of Manchester. This modern, high specification property was constructed in 2004 and comprises 90 468 sqft of ground floor warehouse and ancillary offices. It benefits from a generous eaves height of 11m, 3 dock level loading doors and 4 dock levellers. The property is let to Great Bear Distribution Limited until 23 May 2024 and the marketing of the unit to replace the tenant at the end of the lease is well underway. The rental level in the property is considered to be highly reversionary. 

Location

Deeside, south of Liverpool

Building use

A single storey, modern distribution warehouse with two floors of ancillary office accommodation

Size of building

90 468 square foot with a site coverage of 41%

Tenant

Great Bear Distribution Limited

Lease expiry date

23rd May 2024

Acquisition yield

6.35%

Type of lease

Fully repairing and insuring (ie tenant responsible for all operating costs)

Location

Further holdings

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