Investment Summary

Summit 86, Four Oaks Road, Walton Summit, Preston, PR5 8AP

  • Modern and fully refurbished single let industrial unit
  • 86,155 sq ft on a site of 3.45 acres (56% site cover)
  • Situated off Four Oaks Road in Walton Summit, Preston's premier employment area
  • Conveniently located immediately off Junction 29 of the M6 Motorway with easy access to the North West region
  • Let to CIH on a 10 year lease wef 1 April 2017 (TBO April 2022)
  • Passing rent of £387,698 per annum, equating to £4.50 psf
  • RPI review at expiry of 5th year (2% and 4% cap and collar)
  • Freehold
  • Offers sought in excess of £4.9M, exclusive of VAT
  • Net Initial Yield of 7.40%
  • Low capital value of £57 psf
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