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Farrington Road
Acquired

Farrington Road

Rossendale Road Industrial Estate, Burnley, BB11 5SW

  • High quality, detached industrial facility in established location in Burnley

  • Located within 1 mile of Junctions 9&10 of M65 Corridor

  • Let to established covenant of Pipeline Induction Heat Limited (Part of Stanley Black and Decker Group)

  • Tenant has a current Dun and Bradstreet Rating of 4A2

  • Tenant has been in occupation of the unit since 1989

  • Current rent passing of £95,000 on the building (£3.90 per sq ft)

  • Additional income of £11,000 per annum on adjoining car park

  • Outstanding rent review not yet triggered

  • 3yrs 8 months until lease expiry

  • Low capital value of £64 per sq ft

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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