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

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

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  • 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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