Norden Court
Alan Ramsbottom Way,
Blackburn
Parking
24hr Access
Secure Access
Property description
Property Summary
- Modern multi-let Industrial investment extending to 22,852 sq ft, with open storage compound extending to 0.2 acres
- Arranged across 9 units ranging from 1,915 sq ft to 3,729 sq ft
- Refurbished units with strong parking and loading provision
- Located in a well-established industrial estate, close to Great Harwood town centre and within 3 miles of the M65 (Junction 7)
- Well connected to the wider motorway network via M65 / M61 and M6 motorways
- Fully Let to 8 tenants producing an annual rent of £192,270
- Very low average rent of £7.70 psf
- Highly reversionary asset with established rents of £10+psf on the estate
- Opportunity to renegotiate 50% of leases within 12 months giving the ability to quickly capture reversion
- Storage land has planning consent for the construction of 4 new industrial units
- Freehold
Property Gallery
Key Features
Parking
24hr Access
Secure AccessAdditional Features
Property Features
- Modern Multi-let Industrial Investment Extending to 22,852 sq ft,
- Open Storage Compound Extending to 0.2 Acres
- Arranged across 9 Units Ranging from 1,915 sq ft to 3,729 sq ft
- Refurbished Units with Strong Parking and Loading Provision
