14 -16 CHURCHILL WAY, LOMESHAYE INDUSTRIAL ESTATE, NELSON, BB9 6RT

Quick Summary

Property ID
5901
Category:
Industrial, Investment
Area:
10129.7 sq ft
Location:
Brierfield

Property Files

Property Features

  • Excellent transport links
  • Good access to motorway network
  • Good Location

Map

Contact Agent


Property Description

  • Current gross income of £40,000 per annum.
  • Two adjoining self-contained industrial units each occupied by established tenants.
  • Popular business park located directly off junction 12 of the M65 motorway.

LOCATION

The properties are situated off Churchill Way on the main thoroughfare onto Lomeshaye Industrial Estate a popular and well established Industrial Estate,  Lomeshaye is located directly off junction 12 of the M65 motorway, which links with the M6 and M61 south of Preston offering excellent transport links.

Other occupants in the nearby vicinity include Protec, Barnfield Construction and Daisy Communication.

DESCRIPTION

The properties comprise of two adjoining single storey industrial units of steel portal frame construction with profile metal cladding to the external walls and roof.  Each unit comprises a reception area, a private office leading to an open plan warehouse / workshop.  Both units also offer additional mezzanine storage, kitchenette and WC facilities.

Externally the properties are accessed from a substantial yard to the front of the premises with ample on-site car parking and excellent loading facilities.

ACCOMMODATION

Unit 14

Ground Floor

Warehouse/ workshop

Reception

Office

Kitchenette

WC’s

421.98 sq.m  4542.15 sq.ft

First Floor

Mezzanine storage

Office

46.76 sq.m    503.32 sq.ft

Unit 16

Ground Floor

Warehouse/ workshop

Reception

Office

Kitchenette

WC’s

374.78 sq.m  4034.14 sq.ft

First Floor

Mezzanine storage

 57.94 sq.m  623.64  sq.ft

GIA                           941.1 sq.m  10,129.7 sq.ft

SERVICES

The properties  have the benefit of all mains services.

SERVICES RESPONSIBILITY

It is the prospective Purchaser’s responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable.

BUSINESS RATES

We are informed by the Valuation Office Agency Website that the units have the following  Rateable Values:

Unit 14 –   £15,750 per annum (2020/21).

Unit 16 –  £14,750 per annum (2020/21)

TENNANCIES

Unit 14 is currently let to The Routing and Packaging Co Ltd. (Company no. 05542576) for a term of 5 years with effect from 19 February 2019 at a passing rent of £18,000 per annum.

Unit 16 is currently let to Ace Door Systems Ltd. (Company no. 10823306) for a term of 9 years with effect from 4th July 2019 at a passing rent of £22,000 per annum.  The lease incorporates a rent review (upwards only) every third year and a Tenant break option every third year.

Both properties are let by way of Full Repair and Insuring Leases and copies of the leases can be provided upon request.

PRICE

£559,000  (five hundred and fifty-nine thousand pounds).

LEGAL COSTS

Each Party is to be responsible for their own legal costs incurred.

EPC

An Energy Performance Certificate is available upon request.

VAT

All Prices quoted may be exclusive of but may be subject to VAT at the prevailing rate.

VIEWING

Petty Chartered Surveyors

Imperial Chambers, Manchester Road

Burnley, BB11 1HH

Tel. 01282 456677

[email protected]

www.pettycommercial.co.uk