EntServ UK Limited, Unit K2, Kelvin Close, Birchwood, Warrington, WA3 7PB


Unit K2 Kelvin Close Birchwood Warrington WA3 7PB

50549 Sq ft

Property Details

Well specified office investment located in Birchwood, one of the North West’s premier business locations.

Self-contained office premises totalling 50,549 sq ft over ground and first floor.

Single let to EntServ UK Limited on full repairing and insuring terms on a lease expiring 18 December 2020, with a guarantee from Hewlett-Packard Ltd.

EntServ UK Limited are a leading global technology services company with a Dun and Bradstreet rating of 5A1 and a pre-tax profit of c.£135m.

Passing rent of £607,190 per annum equating to a low £12.01 psf.

Significant reversionary potential and opportunity to enhance the income profile through regear, refurbishment and/or reletting.

Excellent car parking ratio of 1:192 sq ft (263 spaces).

Site area of approximately 1.54 hectares (3.83 acres), which reflects a very low site density of 15%.


We are instructed to seek offers in excess of £5,840,000, subject to contract and exclusive of VAT. A purchase at this level would reflect an attractive Net Initial Yield of 9.75% and a low capital value of £116 psf, assuming purchasers costs of 6.62%.