Blackgate Lane Business Park, Dunscar Way, Tarleton, Preston

ATTENTION INVESTORS

Smart Move are delighted to present For Sale to INVESTORS ONLY, the opportunity to acquire a newly built block of 8 commercial units, all of which have tenants in place. Located on a newly constructed business park, this rare opportunity presents shrewd investors with a chance to purchase the entire block and as all units are tenanted, you will be making a return from day 1. The current rent is £102,000 p/a, which represents a yield of 7.5% and rises to £122,000 in 3 years, representing a 9.5% yield.

The Location

Blackgate Lane Business Park is a newly constructed commercial space, set back off Blackgate Lane in Tarleton village. This listing is for block B, which are the largest units currently available on the site. There are 8 units in this block, all of which are tenanted and the TENANTS SHALL BE UNAFFECTED BY THE SALE.

Lease

NB: The property is sold as leasehold on a 250 year lease. The ground rent is £200 per year (per unit) and there is a service charge of £60 pcm (per unit) for maintenance of communal areas which includes: bins, buildings insurance, external CCTV and gardening. The solar panels on the roof are retained by the freeholder and a current charge of £0.35 kwh will be charged along with the service charge to the tenants, not the landlord. All units are metered individually.