Anord Mardixx (UK) Ltd, Walton Summit, Preston PR5 8AP
Preston, PR5 8AP
Acquired
Price
£8,000,000
Rent (pa)
£441,267
Yield
5.17%
Investment Summary
- Detached, single let industrial investment opportunity
- Strategically located in the heart of the North West with excellent access to the M6, M61, M55 and M65 motorways
- Situated on the highly sought-after Walton Summit Industrial Estate, Preston
- The property has been recently refurbished and provides 83,682 sq ft of accommodation
- Let to the excellent covenant of Anord Mardix (UK) Ltd for a term of 10 years from February 2019, subject to an option to break in February 2024
- Passing rent of £441,267 per annum (£5.33 psf)
- RPI linked rent review in year 5 (subject to a collar and cap of 1% - 4% pa compounded)
- Freehold
- £8,000,000
- 5.17% NIY
Interested in this property?
Contact our team for more information or speak directly with James Kinsler.
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