- FOR SALE - Investment Opportunity
- 49,924 sq ft
- Site of 3.1 Acres
- Current Waste Management Licence
Price: £2 million plus VAT
Rental: £150,000 pa increasing to £180,000 pa in November 2019
The premises are located at the junction of Rough Hey Road and Longridge Road in an established industrial location approximately 3 miles north of Preston town centre. Motorway access is via Junction 31a which lies within one mile of the subject premises. See location plan.
The premises comprise a mainly single storey, part two storey, industrial and office building which can best be described as follows : Offices Concrete and brick 2 storey structure with UPVC windows and flat roof over. Internally the accommodation has been partitioned to provide ground floor reception, canteen and toilet facilities. First floor partitioned to create office accommodation including general office, individual office and meeting rooms. Buildings 2 and 3 - Warehouses With full height brick and reinforced concrete walls and single skin metal clad roof, including translucent roof panels supported on steel truss structure. The buildings are interlinked with dock level loading between. Building 4 Modern open sided industrial building built on a steel frame with reinforced concrete walls. Building 5 Corner single storey brick built workshop with flat roof over Building 6 Ancillary buildings to include oil tank store and , former canteen. Surrounding the buildings is a large concrete surfaced yard area with security fence surround as well as a tarmac surfaced staff parking.
Building 1 ( offices / ammenities)
Ground floor 2,832 sq ft
First Floor 3,892 sq ft
Building 2 ( warehouse) 24,414 sq ft
Building 3 ( loading bay) 13.654 sq ft
Building 4 (open sided bldg) 3,320 sq ft
Building 5 & 6 (ancilliary) 1,812 sq ft
Total 49,924 sq ft
We have calculated the site area to be 3.1 acres
All mains services are connected to the property. The property benefits from a large 800 KW / 2000 amp incoming electricity supply with its own sub-station on site. The office accommodation includes gas central heating and air conditioning to the upper floor only.
From the Valuation Office Agency rating list, as published on the internet, we are advised that the property is assessed, with effect from April 2010, at rateable value £146,000. Rates payable 2017/2018 £70,000.
The premises are let to KT Recycling ( guaranteed by Wheale Environmental Contracting ltd) on a non protected tenancy that expires in November 2020. The tenant occupies on full repairing and insuring terms and is responsible for the usual occupier's costs, to include business and water rates, electricity and gas.
Waste Transfer Licence
The site currently operates under permit number EAWML/55461 - further details available on request.
£2 million plus VAT
£150,000 pa increasing to £180,000 pa in November 2019
Each party is responsible for their own legal costs involved in the transaction.
Strictly through sole agents Taylor Weaver (Alex Taylor) 01254 699030