Long-leasehold interest in Lakeside 5500, Cheadle Royal sold by Edwards & Co

Acting on behalf of Quorum, Edwards & Co have sold the long-leasehold interest in this prime out of town office on Cheadle Royal Business Park.

The property provides 26,281 sq ft and is let to Agilent Technologies LDA UK Limited and Micron Europe Ltd with a WAULT of 4.78 years. The rent passing is £452,847.50 per annum, reflecting an average rent of only £17.52 per sq ft.

It was sold in January 2016 for £5,475,000. For further information please contact Martin Hamer.