Modern and fully refurbished single let industrial unit
86,155 sq ft on a site of 3.45 acres (56% site cover)
Situated off Four Oaks Road in Walton Summit, Preston's premier employment area
Conveniently located immediately off Junction 29 of the M6 Motorway with easy access to the North West region
Let to CIH on a 10 year lease wef 1 April 2017 (TBO April 2022)
Passing rent of £387,698 per annum, equating to £4.50 psf
RPI review at expiry of 5th year (2% and 4% cap and collar)
Freehold
Offers sought in excess of £4.9M, exclusive of VAT
Net Initial Yield of 7.40%
Low capital value of £57 psf
