Sold
Units 1 & 2 Dallas Court, South Langworth Road, Salford Quays, Manchester, Greater Manchester
North East
dba003
Industrial/Warehouse£1,875,000
Tenure: Leasehold
Tenancy: Single Let
Investment summary
•9 years unexpired to Ericsson (D&B rating of 5AL).
•Sub-let to the Government.
•Low capital value of £1,165 per sq m (£108 per sq ft).
•Low base rent of £99.81 per sq m (£9.27 per sq ft).
•Modern office building of 1,545 sq m (16,637 sq ft) providing a car parking ratio of 1:53 sq m (1:573 sq ft), comprehensively refurbished in 2001 by sub-tenant.