EE Unit  - Lapwing Centre, Waters Edge Business Park, Salford, Manchester M5

• Industrial unit providing approximately 20,000 sq ft,  located within Salford Quays within close proximity to MediaCityUK.

• The property is held leasehold for a term of 999 years from Mar 2003, subject to a head rent payable of £5,000 pa.

• The entire property is let to E E Limited for a term of 25 years from Sept 2001 (exp Sept 2026) at a net of

• £151,252 per annum, subject to 5 yearly RPI linked rent reviews.

• Sold to a private UK investor for £1,850,000, reflecting a net initial yield of 7.65% and a capital value of £93 per sq ft.