Ford Retail Group Ltd

35 Garratt Way, Gorton, Manchester, M18 7AA
Current Sale
Ford Retail Group Ltd
35 Garratt Way, Gorton, Manchester, M18 7AA
  • Prime Auto centre extending to approximately 3,530 sqft
  • Fully refurbished/ re modelled
  • Excellently located on the A57 adjected to KFC Drive Thru, Texaco Fuel Station, Aldiand TESCO Extra
  • Site area of 0.30 acres
  • Let to Ford Retail Group Limited trading as Quick Lane
  • A new 10 year lease, no breaks at £60,000 per annum
  • Rent review at year 5 to RPI 2% and 4% cap and collar compounded providing
  • Guaranteed rental growth at the first review
  • Offers in excess of £875,000 (Eight Hundred and Seventy Five Thousand Pounds) reflecting a Net Initial Yield of 6.50% increasing to a minimum of 7.17% or maximum of 7.90%

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