Glebe Road, Skelmersdale, Lancashire, WN8
£77.31 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
9,682 sq ft
899 sq m
- SECTOR
Industrial development for sale
Key features
- Semi detached warehouse unit
- Freehold - Investment
- Sale Price - £748,500
- 4.9m eaves
Description
The investment property comprises a semi-detached warehouse unit that has undergone a comprehensive refurbishment. It is of a steel frame construction with part brick elevations incorporating glazed windows beneath a flat profile metal roof.
The property provides the following specification -
4.9 m eaves
Full height surface loading doors
Dedicated loading and parking areas
Ancillary offices, kitchen and w/c facilities
200 kva power supply
Surface mounted gas hot air blowers
The property is let on a new 10-year full repairing and insuring lease from 01/04/2022 with a 5-year break let to Multipack Logistics Limited (09012252).
The current rental is £53,251 pa (£5.50 psf) and is subject to 5-year upwards only rent reviews to market value. The tenant was given a 3-month incentive.
The lease is guaranteed by Multipack Foods Limited (09803499). A £25,000 (c. 6 months) rental deposit is also provided by the tenant.
Energy Performance Certificate
An energy performance certificate is available on request.
Rateable Value
Interested parties are requested to contact the local authority.
VAT
VAT will be payable at the prevailing rate.
Tenure Comments
We are instructed to seek offers in excess of £748,500which reflects a highly attractive net initial yield of 6.75%, assuming standard purchase costs of 5.40%
A purchase at this level would reflect an attractive capital value of only £77.31 psf
Brochures
Glebe Road, Skelmersdale, Lancashire, WN8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rainford Station2.0 miles
- Upholland Station2.0 miles
- Orrell Station3.1 miles
About LM6 Commercial Property Limited, Liverpool
Unit A1 Villiers Road, Knowsley Business Park, Liverpool, L34 9ET
LM6 provide property solutions to landowners & industrial/logistics sector customers in the North West, servicing our core markets of Liverpool & Manchester City Regions, together with M6 locations.
Our customer base includes occupiers, landlords, landowners & developers who benefit from a range of our services, including: Agency sales & lettings, land & development, occupier lease solutions and consultancy.
Notes
Disclaimer - Property reference 8358FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LM6 Commercial Property Limited, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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