• Broker Craig Barton 1618337734
  • Broker Holly McLeman 1618201856
  • Broker Volkan Denli 2076298171
  • Broker Daniel Serfontein 07891996745

Bowers Retail Park 2 Retail Properties Offered at $8,576,522 CAD in Widnes

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INVESTMENT HIGHLIGHTS

  • Modern purpose built retail warehouses
  • Direct access to the M62
  • Prominent fronting the A557 (Ashley Way)
  • Providing over 180 customer car parking spaces

EXECUTIVE SUMMARY

The property consists of two detached, purpose-built retail warehouse units. Wickes was originally developed in 1989 as a Focus DIY and features a steel portal frame with the exterior having a masonry finish.
The Pets at Home unit was constructed later in 2013, also using a steel portal frame. Its exterior combines a masonry finish with sheet cladding. The Pets at Home unit additionally includes an internal mezzanine, installed by the tenant. Before Wickes moved in, the landlord funded refurbishment works to their unit, although these were completed by the tenant.
We are instructed to seek offers in excess of £6,200,000 (Six Million, Two Hundred Thousand Pounds) subject to contract and exclusive of VAT. This reflects a low capital value per sq ft of £140 and an attractive net initial yield of 6.79%*

ATTACHMENTS

Bowers Retail Park

PROPERTY FACTS

Price $8,576,522 CAD
Price / SF $194.18 CAD / SF
Cap Rate 6.79%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 44,169 SF
Total Land Area 3.50 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Garden Centre
Earle Rd, Widnes WA8 0TA 		Retail 6,997 SF 1981 -
Focus
Earle Rd, Widnes WA8 0TA 		Retail 37,172 SF 1997 -
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ADDITIONAL PHOTOS

View Photo Bowers Retail Park
View Photo Bowers Retail Park

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