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Centurion Way 5,390 SF Industrial Condo Unit Offered at $533,874 in Leyland PR25 4GU
INVESTMENT HIGHLIGHTS
- Well-established Centurion Way Industrial Estate
- Offers excellent access to the M6, M61 and M65 motorways intersection
- Benefits from car parking spaces
EXECUTIVE SUMMARY
The unit is situated within the well-established Centurion Way Industrial Estate, immediately adjacent to Leyland Business Park, and the wider Lancashire Business Park to the east. The location offers excellent access to the M6, M61 and M65 motorways intersection, approximately 1.5 miles to the north-east. The property comprises an end-terrace, industrial unit, being of painted brick elevations beneath profile metal sheet roof, incorporating translucent roof lights. The unit provides open plan warehouse accommodation together with offices to the front elevation, and a WC block. The unit is accessed via a roller shutter door measuring 4.35m x 4.5m, which leads from the forecourt at the front of the building.
PROPERTY FACTS
| Total Building Size | 97,900 SF | Typical Floor Size | 32,633 SF |
| Property Type | Industrial (Condo) | Year Built | 1974 |
| Property Subtype | Service | Lot Size | 4.37 AC |
| Building Class | C | Parking Ratio | 0.06/1,000 SF |
| Floors | 3 |
| Total Building Size | 97,900 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Service |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 32,633 SF |
| Year Built | 1974 |
| Lot Size | 4.37 AC |
| Parking Ratio | 0.06/1,000 SF |
AMENITIES
- Yard
- Automatic Blinds
1 UNIT AVAILABLE
Unit 11
| Unit Size | 5,390 SF | Sale Type | Investment |
| Price | $533,874 | Tenure | Long Leasehold |
| Price Per SF | $99.05 | Cap Rate | 6.00% |
| Condo Use | Industrial | NOI | $32,032.46 |
| Unit Size | 5,390 SF |
| Price | $533,874 |
| Price Per SF | $99.05 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 6.00% |
| NOI | $32,032.46 |
DESCRIPTION
The premises comprise a mid-terrace, single-storey industrial unit of brick construction, under a pitched, asbestos sheet roof. Access to the unit is via a roller shutter door measuring 4.35m x 4.5m, which leads directly from the forecourt at the front of the building.To the front of the building is a single-storey brick constructed office. There is a good-sized forecourt for parking and loading to the front.
SALE NOTES
The property is let to Garage Services Limited on the basis of a 6-year lease from 1 December 2018 on full repairing and insuring terms, at annual rent of £24,000 pa. The lease makes provisions for the rent to be reviewed every 3 years of the term.
Presented by
Centurion Way
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