Investment Summary

Unit 1, Wellfield Business Park, Chester Road, Preston Brook, Warrington, WA7 3AZ

  • Established commercial location adjacent to junction 11 M56 with good accessibility to Manchester, Chester, Warrington and Manchester Airport 
  • Prominent business park with high visibility from the M56 and A56
  • Modern two-storey B1 facility providing 7,805 sq ft net with 26 car parking spaces
  • Freehold 
  • Let on a FRI lease expiring 30 April 2027 (9.6 years unexpired) to Phoenix Medical Supplies Limited
  • Current rent £93,600 per annum (only £12.00 psf) with potential reversion to up to £101,500 per annum (£13.00 psf)
  • Phoenix Medical Supplies Ltd is a D&B 5A1 rated covenant, offering exceptional security
  • Offers are sought in excess of £1,100,000 (One million, one hundred thousand pounds) exclusive of VAT to provide a purchaser with a net initial yield of 8.04% with potential reversion to 8.72% after normal purchase costs 
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