Marketed by
Davies Harrison
Manchester
50 Bridge St, Manchester M3 3BW, UK
Available
1 of 2
1 of 1
Offers in the Region of
£3,000,000
Club Court, Club Street, Bamber Bridge, Preston PR5 6FN
50745 sq. ft (4714 m²)
Key features
- For Sale
- Industrial investment
- Let to Expleo UK Limited
- Lease expiry 5th April 2029
- Freehold
- Industrial and office facility comprising 50,745 sq ft
- Site area of 2.54 acres
- Located adjacent to Junction 29 of the M6 Motorway
- Offers sought in the region of £3,000,000
Description
-
- Located in an established industrial estate
-
- Freehold industrial and office facility totalling approximately 50,745 sq ft (4,714.4 sq m)
-
- Site area of approximately 2.54 acres (1.03 hectares)
-
- The property is leased to Expleo UK Limited for a term of 10 years
-
- Lease expiry 5th April 2029
-
- 2025 tenant break option not exercised
-
- Current annual rental of £296,991.72 per annum agreed at April 2025 rent review
-
- Rent equates to £5.85 per sq ft
-
- Offers are sought in the region of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT.
-
- A purchase at this level reflects a Net Initial Yield of 9.3% after costs, which equates to £59.11 per sq ft.
-
Marketed by
Davies Harrison
Manchester
50 Bridge St, Manchester M3 3BW, UK
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