Dunscar Way Tarleton, Preston £1,250,000

Block B
New Business Park Location
Site Layout
Site Layout
New Business Park Location
Blocks B & C
New Business Park Location
Block B
Block B Layout

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Block of x 8 New Commercial Units
Around 1,000 sq ft each
Investor Opportunity - All 8 with Tenants in Place
Tenants Unaffected by Sale
Current Yield of 7.5% (Rising to 9.5% in 3 Years)
Thriving New Business Park Location
Viewing by Appointment
Rare Opportunity
NO VAT
EPC Rating to Follow

*Block of x 8 New Commercial Units *Around 1,000 sq ft each *Investor Opportunity - All 8 with Tenants in Place *Tenants Unaffected by Sale *Current Yield of 7.5% (Rising to 9.75% in 3 Years) *Thriving New Business Park Location *Viewing by Appointment *Rare Opportunity *NO VAT

ATTENTION INVESTORS

Smart Move are delighted to present For Sale to INVESTORS ONLY, the opportunity to acquire a newly built block of 8 commercial units, all of which have tenants in place. Located on a newly constructed business park, this rare opportunity presents shrewd investors with a chance to purchase the entire block and as all units are tenanted, you will be making a return from day 1. The current rent is £102,000 p/a, which represents a yield of 7.5% and rises to £122,000 in 3 years, representing a 9.5% yield.

The Location

Blackgate Lane Business Park is a newly constructed commercial space, set back off Blackgate Lane in Tarleton village. This listing is for block B, which are the largest units currently available on the site. There are 8 units in this block, all of which are tenanted and the TENANTS SHALL BE UNAFFECTED BY THE SALE.

Lease

NB: The property is sold as leasehold on a 250 year lease. The ground rent is £200 per year (per unit) and there is a service charge of £60 pcm (per unit) for maintenance of communal areas which includes: bins, buildings insurance, external CCTV and gardening. The solar panels on the roof are retained by the freeholder and a current charge of £0.35 kwh will be charged along with the service charge to the tenants, not the landlord. All units are metered individually.