Leigh is a town within the Metropolitan Borough of Wigan in Greater Manchester, England, 6 miles (10 km) south east of Wigan and 9.5 miles (15 km) west of Manchester.
The town has a local population of approximately 43,000 and a catchment of 256,000 people within a 5 mile radius.
Leigh benefits from excellent road communications via the M6, M61, and M62 motorways and the A580 East Lancashire Road connecting Manchester to Liverpool.
Leigh Commerce Park comprises a modern multi-let industrial and office park developed over a phased basis, starting in 1999 and completed in 2008, totalling 74,909 sq ft. The site is divided between Orford Court, which contains Units 1, 2, 3 and 4, and Orford Park, which includes Units 5, 6 and 7.
The whole site extends to 5.6 acres, is fully self-contained with perimeter fencing and landscaped. Additionally, Leigh Commerce Park offers on-site CCTV, free parking, and sustainable power supply.
The industrial component provides 4 modern buildings, variously subdivided across a number of units, totaling 43,355 sq. ft.
Leigh Commerce Park's industrial accommodation is constructed of steel portal frame, part brickwork and part steel elevations, and single-pitched clad roofs. Eaves height range between 5.2m and 5.4m and all units provide roller shutter doors.
The property's modern office accommodation is split across 3 buildings and totals 31,554 sq. ft.
Stewart House, Beswick House, and Lloyd House comprise the property's office buildings and are constructed of steel frame, brickwork elevations, and a pitched tiled roof. The office accommodation is of a modern standard and provides solid and carpeted floors, perimeter trunking, suspended fibre-tiled ceilings, and an 8 person lift. All office units benefit from air conditioning.
The property is held Freehold under titles: GM877399, GM896948 and GM847740.
A tenancy schedule is available on request.
Further Covenant Information can be found within the link below.
We are instructed to seek offers in excess of
£8,900,000 (Eight Million, Nine Hundred
Thousand Pounds), subject to contract and
exclusive of VAT.
A purchase price of this level reflects a net initial yield of 7.29% and a reversionary yield of 8.48% after allowing for purchasers costs of 6.72%, and a low capital value of £119 per sq ft.