Travis Perkins, Link 59 Business Park, Pimlico Link Road, Clitheroe, Lancashire BB7 1QU

Clitheroe, BB7

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Acquired
Travis Perkins, Link 59 Business Park, Pimlico Link Road, Clitheroe, Lancashire BB7 1QU
Price £1,695,000
Rent (pa) £99,000
Yield 5.5%

Investment Summary

  • Trade and commercial area, 2 miles northeast of Clitheroe town centre
  • Strong trading location on regular shaped site, with good frontage to Pimlico Link Road and the A59
  • Modern Travis Perkins builders' merchants and trade counter development
  • 10,854 sq ft of rentalised GIA (excluding mezzanines)
  • Site area of 1.01 acres
  • Very low site cover of approx 24.90%
  • FRI lease to Travis Perkins Trade Co Ltd for 15 years
  • Initial Rent £99,000 per annum
  • Five yearly, upward only rent reviews to Market Rent, increases capped at 21.67%
  • Virtual Freehold
Town Clitheroe
Postcode BB7
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