Units 415 Oakshott Place, Walton Summit, Bamber Bridge, Preston, PR5 8AT

Property description

Opportunity to acquire a highly reversionary, purpose built multi-let industrial/trade estate.

 The property comprises 76,185 sq ft across 14 well specified units (3,302 – 10,103 sq ft).

 Let to 10 tenants providing a low passing rent of £485,382 pa (£6.37 psf overall), and an ERV of £644,009 pa (£8.45 psf), offering excellent scope for reversion.

 64% of the income (8 units) subject to a lease event in the next 12 months.

 The purchase price of £7,280,000 reflects a NIY of 6.25%, reversionary yield of 8.30% and low capital value of £95.56 psf.  

What is 2 minus 5?

Request details

Please use the form below to make your enquiry. We typically respond within 24 hours.

Property of interest: Units 415 Oakshott Place, Walton Summit, Bamber Bridge, Preston, PR5 8AT

Name

Email address

Telephone number

Property of interest

Message

Please tick to consent to your data being stored in line with the guidelines set out in our privacy policy

Submit

Thank You

Your request has been received. A member of the team will be in touch.