Investment Consideration:
Rental Income: £44,400 p.a.
ERV £71,600 p.a. GIY: 7.27%
VAT is NOT applicable to this property
Comprises 7 light industrial units with shared communal access and 1 self-contained office unit
Total net internal area: 1,058 sq m (11,398 sq ft)
Excellent access to major roads and highways, including the M65, A56, and A679, Occupiers close by include
Public transportation options are also readily available, with bus stops located just a short walk away on Victoria Street.
Property Description:
The property comprises 7 light industrial units with shared communal access and 1 self-contained office unit, providing the following accommodation and dimensions:
Unit 1A: 348 sq m (3,747 sq ft)
Open plan warehouse with shared access
Unit 1B: 175 sq m (1,883 sq ft)
Open plan warehouse with shared access
Unit 1C: 54 sq m (585 sq ft)
Open plan warehouse with shared access
Unit 2A: 56 sq m (600 sq ft)
Open plan warehouse with shared access
Unit 2B: 59 sq m (638 sq ft)
Self-contained office unit
Unit 2C: 83 sq m (900 sq ft)
Open plan warehouse with shared access
Unit 2D: 169 sq m (1,820 sq ft)
Open plan warehouse with shared access
Unit 2E: 114 sq m (1,225 sq ft)
Open plan warehouse with shared access
Total net internal area: 1,058 sq m (11,398 sq ft)
Location:
The property is situated in the heart of Victoria Street, which is a prominent light industrial area in the region. The location provides excellent access to major roads and highways, including the M65, A56, and A679, allowing for easy transportation to nearby towns and cities. Public transportation options are also readily available, with bus stops located just a short walk away on Victoria Street. The Accrington railway station is also conveniently located within a mile of the property, providing direct links to nearby towns and cities such as Blackburn, Manchester, and Leeds. The surrounding area is home to several major supermarkets, including a Tesco Superstore and an Asda Superstore, providing businesses with easy access to essential amenities.
