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FOR SALE - Modern Part Let Industrial Investment - Units 4-6 Kirkham Trading Estate, Freckleton Road, Kirkham, PR4 3RB

For sale: £1,150,000.00|2,043 Sq M|Industrial, Offices

Property details

FOR SALE£1,150,000.00
SIZE2,043 Sq M
ADDRESSFOR SALE - Modern Part Let Industrial Investment - Units 4-6 Kirkham Trading Estate, Freckleton Road, Kirkham, PR4 3RB
TYPEIndustrial, Offices
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON9th June 2021

Description

Location
The property is situated on Kirkham Trading Estate within approximately half a mile of Kirkham Town Centre. Access to the estate is from Freckleton Road which intersects with the A583 Kirkham Bypass immediately to the north. The new Preston West Distributor Road works have commenced and will deliver a new motorway junction onto the M55 (Junction 2) approximately 4 miles to the east whilst Junction 3 is approximately 3 miles to the north west.

Description
A modern purpose-built industrial workshop facility constructed around a steel portal frame with brick and blockwork infill walls surmounted by metal profile cladding. The roof is also metal profile cladding incorporating translucent skylights. The workshop has been extended to the front with a single-storey annex of similar construction. There are a number of single-storey annexes providing additional storage together with internal offices, laboratory and staff amenity facilities are provided at both ground and first floor levels. The 2 units share the offices and WC facilities although sub-division is readily achievable subject to minor works, if required. The unit benefits from an eaves height of circa 5 m, CCTV, compressed air and a monitored intruder alarm plus enclosed secure yard area to the front and side with further storage to the rear.

Accommodation
The premises extend to the following approximate gross internal floor areas:
m² ft²
Former CNC Demise
Main workshop 1,096 11,789
Ground floor laboratory & amenities 155 1,670
First floor offices 155 1,670
Extension 153 1,643
Storage 82 882
Total 1,641 17,654
Vacant Unit 402 4,322
Total for Whole 2,043 21,976

Services
We understand that the property benefits from all mains services including 3-phase electricity, water and drainage.

Rating Assessment
The premises have a Rateable Value of £69,500. Interested parties are recommended to make their own enquiries with Fylde Borough Council (www.fylde.gov.uk).

Planning
We understand the premises benefit from planning permission for their existing use as industrial workshop facilities generally within Use Class B2 of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
Interested parties should, however, make their own enquiries of the local planning department at Fylde Borough Council (www.fylde.gov.uk).

Tenure
Freehold subject to the occupational lease of part.

Tenancy Information
Fylde CNC Specialist Limited (Company No. 05280031) occupy the bulk of the premises by way of an FRI lease dated 23 October 2018 for a term of 10 years at a rental of £56,350 per annum exclusive. There is a rent review due in October 2021 and a tenant break in October 2023.

Proposal
We are instructed to seek offers in the region of £1,150,000. This reflects a low capital value of approximately £52.33 per ft².

Energy Performance Certificate
The property has an EPC Rating of C-67. A copy of the Certificate and Recommendation Report are available upon request.

Further information
The following supporting information is available upon request:
1. Copy lease
2. Title information
3. Planning information
4. EPC
5. Experian reports (interested parties to undertake their own investigations)
6. Plans

Photographs and Plans
Any photographs and indicative plans incorporated in these particulars are provided for identification purposes only and should not be relied upon.

Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Our client reserves the right not to accept the highest or any offer received.

VAT
The purchase price is subject to VAT at the prevailing rate, although it is envisaged that the transaction will be treated as a TOGC

Location

marker
Location: FOR SALE - Modern Part Let Industrial Investment - Units 4-6 Kirkham Trading Estate, Freckleton Road, Kirkham, PR4 3RB

Kirkham & Wesham (0.9 miles)

Salwick (2.2 miles)

Moss Side (3.1 miles)

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