131 Walpole St | Blackburn BB1 1DB
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131 Walpole St
Blackburn BB1 1DB
Industrial Property For Sale
Investment Highlights
- Generous site of 0.96 acres
- Close to Blackburn town centre
- Popular trade counter
Executive Summary
A detached industrial unit dating from circa 1980 of steel portal frame construction, clad to the elevations in cavity brickwork and block work to 2 metres height, with full height brickwork and block work to the front and left side elevations to the offices, there apart in double skin profiled steel beneath a profiled steel clad roof. Concrete floor. 6.1 metre internal eaves height with vehicular access to the main production area by two roller shutter doors opening onto the enclosed yard and parking area which extends to 0.96 of an acre. Internally an integral two-storey office block provides offices at first floor with workroom, ladies, gents and disabled WCs at ground floor. Within the workshop there is a steel framed mezzanine floor running the full width of the unit to the rear of the office block.
Upon completion of the sale the current occupiers will enter into a lease-back on the following terms: 1. Ten year lease. 2. Rent review at the fifth anniversary. 3. Rental £75,000 per annum exclusive of VAT. 4. Full repairing and insuring terms subject to a Schedule of Condition. The Schedule to be undertaken by the undertaken at their cost. 5. The tenant will be Tyson Lighting Limited. Registered Number 00682184.
Upon completion of the sale the current occupiers will enter into a lease-back on the following terms: 1. Ten year lease. 2. Rent review at the fifth anniversary. 3. Rental £75,000 per annum exclusive of VAT. 4. Full repairing and insuring terms subject to a Schedule of Condition. The Schedule to be undertaken by the undertaken at their cost. 5. The tenant will be Tyson Lighting Limited. Registered Number 00682184.
PROPERTY FACTS
Sale Type | Investment | Rentable Building Area | 16,915 SF |
Sale Conditions | Sale Leaseback | No. Stories | 2 |
Tenure | Freehold | Year Built | 1980 |
Property Type | Industrial | Tenancy | Single |
Lot Size | 1.04 AC |
Sale Type | Investment |
Sale Conditions | Sale Leaseback |
Tenure | Freehold |
Property Type | Industrial |
Lot Size | 1.04 AC |
Rentable Building Area | 16,915 SF |
No. Stories | 2 |
Year Built | 1980 |
Tenancy | Single |
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