Billboard portfolio · 14 faces
14 roadside sites, M62 corridor
Manchester, United KingdomListed 3 weeks agoVerified sellerOpen to offers
£1,850,000Asking price, structures and leases combined
About this sale
Admarket lists this asset and forwards your enquiry to the seller. The sale itself happens off the platform, directly between the two of you.
No commission. Admarket takes nothing from the sale price, on either side.
No escrow. Admarket does not hold the money — payment terms are agreed between buyer and seller.
Deal done directly. Due diligence, price, contracts and completion are between the parties and their advisers.
Documents after NDA. Leases, planning consents, the insurance schedule and three years of accounts are released once an NDA is signed.
Financial summary
Turnover, weekly
£7,900
Turnover, monthly
£34,300
Turnover, annual
£412,000
Operating costs, annual
£138,000
Occupancy
86%
Net before financingTurnover less operating costs, owner-supplied
£274,000 a year
Ground rents within costs
£61,000 a year
Largest face share of turnover
14%
All figures are supplied by the owner and unaudited. Treat them as the seller's claim until your own accountant has seen the books.
Key facts
11 of 14
Leases with 5+ years unexpired
12 of 14
Faces illuminated
7.2 years
Average lease unexpired
What's included in the sale
- 14 steel structures and the faces on them
- 11 landlord leases, assignable on completion
- Planning consents held for all 14 faces
- Booking system, rate card and three years of occupancy records
- Maintenance contract, transferable at the current rate
What the seller highlights
- Four faces sit on the eastbound approach where traffic slows to 30 mph
- Two structures were re-clad in 2024 and carry a fresh structural report
- Sold with the booking system and three years of occupancy records
The seller
Pennine Outdoor LtdVerified
Owner-operator
Pennine Outdoor is a family-run owner-operator selling the corridor to fund screen conversions elsewhere in its estate.