Units 1 & 2 Fourth Avenue Westinghouse Road, Trafford Park Manchester M17 1DB

Units 1 & 2 Fourth Avenue
Westinghouse Road, Trafford Park
Manchester
M17 1DB

Freehold Industrial Investment

Two Industrial Units let to The Saville Group Limited and MMG Trading Limited
Located in one of the largest and most successful business parks in Europe
Within close proximity of A57(M), M602 (Junction 2) and M60 (Junction 9)
Nearby occupiers include Euro Car Parts, Adidas, SIG Interiors and Palletower Ltd
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
5
Auction
7th July 2016
Rent
£125,859 per Annum Exclusive
Status
Sold
Price
£1,590,000
Sector
Industrial/Warehouse
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG
On Behalf of Royal London

Important Update

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Freehold Industrial Investment

Two Industrial Units let to The Saville Group Limited and MMG Trading Limited
Located in one of the largest and most successful business parks in Europe
Within close proximity of A57(M), M602 (Junction 2) and M60 (Junction 9)
Nearby occupiers include Euro Car Parts, Adidas, SIG Interiors and Palletower Ltd
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 5
Auction 7th July 2016
Rent £125,859 per Annum Exclusive
Status Sold
Price £1,590,000
Sector
Industrial/Warehouse
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG
On Behalf of Royal London

Property Information

Location

Miles: 3.8 miles south west of Manchester City Centre
Roads: A5081, A56, A57(M), M602 (Junction 2), M60 (Junction 9)
Rail: Trafford Park and Manchester United Football Ground Stadium Rail/Metro Link
Air: Manchester Airport

Situation

Trafford Park is situated just 3.8 miles south west of Manchester city centre
and is one of the largest and most successful business parks in Europe housing
over 1,330 businesses. The location benefits from excellent transport links with
the A57(M), M602 (Junction 2) and M60 (Junction 9) within close proximity as
well as The Metrolink proving fast access to the city centre. The property is
located on Fourth Avenue which is accessible from Village Way, the main
arterial route between the A56 and the M60 (Junction 9). Nearby occupiers
include Euro Car Parts, Adidas, L'Oreal, SIG Interiors and Palletower Ltd.

Tenure

Freehold.

Location

Miles: 3.8 miles south west of Manchester City Centre
Roads: A5081, A56, A57(M), M602 (Junction 2), M60 (Junction 9)
Rail: Trafford Park and Manchester United Football Ground Stadium Rail/Metro Link
Air: Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises two detached industrial units with a shared entrance
and rear car park. The units are of steel portal frame construction and benefit
from roller shutter doors and an eaves height of approximately 5.2 metres.
The site benefits from on-site parking for around 40 cars and total approximate
area of 1.176 acres (0.475 hectares).

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit No.	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
1	Ground Ground	Warehouse Office/Ancillary	814.20 sq m 240.06 sq m	(8,764 sq ft) (2,584 sq ft)	MMG TRADING LIMITED (1)	10 years from 23/05/2013 (2)	£56,680	23/05/2018 (22/05/2023)
2	Ground Ground	Warehouse Office/Ancillary	597.83 sq m 516.07 sq m	(6,435 sq ft) (5,555 sq ft)	THE SAVILLE GROUP LIMITED (3) GUARANTEED BY SEA HOLDINGS LIMITED (4)	10 years from 02/05/2008	£69,179	(01/05/2018)
Total			2168.16 sq m	(23,338 sq ft)			£125,859

(1) MMG Trading Limited are a supplier of military, tactical and outdoor clothing and accessories (Source: mmgtrading.co.uk 24/05/2016). For the year ending 31st July 2015, MMG Trading Limited reported a total net worth of £966,262 (Source: Experian Group 24/05/2016).
(2) The lease provides an option to determine on 23/05/2018.
(3) For the year ending 31st December 2014, The Saville Group Limited reported a turnover of £34,707,289, pre-tax profits of £667,434 and a total net worth of £2,645,334. (Source: Experian Group 24/05/2016). The Saville Group Limited is one of the UK’s most experienced and innovative providers of AV products, integrated AV/IS systems, unified communications technology and conference and live events production services (Source: www.saville-av.com 26/05/2016).
(4) For the year ending 31st December 2014, SEA Holdings Limited reported a turnover of £41,360,107, pre-tax profits of £892,609 and a total net worth of £3,397267 (Source: Experian Group 26/05/2016).