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Lapwing Centre, Waters Edge Business Park, Salford, Manchester M5

The subject property comprises an industrial unit measuring c. 20,000 sq ft. 

Held leasehold for a term of 999 years from Mar 2003, subject to a head rent payable of £5,000 pa.

Single let to EE Limited for a term of 25 years from Sept 2001 at a net of £151,252 per annum, subject to 5 yearly RPI linked rent reviews.

Acquired on behalf of a private UK investor for £1.85m / 7.65% NIY.