- Property ID
- Industrial, Investment
- 10129.7 sq ft
- Excellent transport links
- Good access to motorway network
- Good Location
- 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.
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.
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.
421.98 sq.m 4542.15 sq.ft
46.76 sq.m 503.32 sq.ft
374.78 sq.m 4034.14 sq.ft
57.94 sq.m 623.64 sq.ft
GIA 941.1 sq.m 10,129.7 sq.ft
The properties have the benefit of all mains services.
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.
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)
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.
£559,000 (five hundred and fifty-nine thousand pounds).
Each Party is to be responsible for their own legal costs incurred.
An Energy Performance Certificate is available upon request.
All Prices quoted may be exclusive of but may be subject to VAT at the prevailing rate.
Petty Chartered Surveyors
Imperial Chambers, Manchester Road
Burnley, BB11 1HH
Tel. 01282 456677