Potter Point, Pimbo Industrial Estate, Skelmersdale, Lancashire WN8 9PW

Skelmersdale, WN8 9PP

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Potter Point, Pimbo Industrial Estate, Skelmersdale, Lancashire WN8 9PW
Price £8,025,000
Rent (pa) £579,010
Yield 6.78%

Investment Summary

  • Multi let industrial investment in established distribution location
  • Strategically situated directly adjacent to the M58 motorway between Liverpool and Manchester
  • 9 units with sizes varying between 582 sq ft and 57,081 sq ft
  • Total area of 138,031 sq ft
  • Total topped up income of £579,010 per annum, breaking back to a low rate of £4.02 psf
  • ERV of £686,579 per annum (£4.90 psf)
  • Total site area of 7.82 acres provides for a site coverage of 38%.
  • Strong tenant line up including United Utilities Water Limited, Paragon Group UK Limited and Deralam Laminates Limited
  • AWULT of 8.0 years to expiry (6.9 years to break)
  • Freehold
  • Offers in excess of £8,025,000 (STC)
  • Net Initial Yield of 6.76%
  • Reversionary Yield of 8.18%
  • Low Capital Value of £58 psf
Town Skelmersdale
Postcode WN8 9PP
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