£650,000
(£100.34/sq. ft)
Property for saleInvestment - Railway House, Railway Road, Chorley, Lancashire PR6
6,478 sq. ft
Just added
Available immediately
About this property
Multi Let business Centre For Sale
Net rental income of £58,346 per annum.
£650,000 / 8.62% niy
Total net internal area 6,478 sq ft
Asset management potential
Location
Ailway House occupies a convenient position on Railway Road, close to Chorley town centre and approximately one mile from Junction 8 of the M61 motorway, providing excellent access to the wider North West motorway network.
The property is situated on the fringe of the town centre within a predominantly residential area and benefits from a substantial on-site car park, offering ample parking for occupiers and visitors alike.
Description
The property comprises a modern, purpose-built two-storey office building producing a net rent of £58,346 per annum.
It has been subdivided into a range of smaller suites, currently occupied by multiple tenants on a variety of lease terms (a full tenancy schedule is available upon request).
The building benefits from a large on-site car park, and occupiers have access to shared amenities including WC facilities, a meeting room, kitchen, and reception area.
Accommodation Text
The property extends to a total net internal area of 6,478 sq ft.
A detailed breakdown of the individual suite sizes is provided within the tenancy schedule.
Services
All mains services are connected to the property. Utility costs are met by the landlord and recovered from the occupiers through a utility levy of £2.00 per sq ft.
EPC
The property has an EPC rating of D. Copy of certificate available on request.
VAT
VAT is applicable to the transaction. However, it is anticipated that the sale will be treated as a Transfer of a Going Concern (togc), subject to the purchaser satisfying the relevant hmrc requirements. Further information is available upon request.
Lease Terms
The building is let to a number of different tenants on varying lease terms, producing a combined net rental of £58,346 per annum.
The gross rental received (inclusive of service charge and building insurance) is £77,103 per annum.
A full tenancy schedule is available on request.
Legal Costs
Each party is responsible for their own legal costs
Viewing Detail
Strictly through agents
Taylor Weaver
(James Taylor
Ailway House occupies a convenient position on Railway Road, close to Chorley town centre and approximately one mile from Junction 8 of the M61 motorway, providing excellent access to the wider North West motorway network.
The property is situated on the fringe of the town centre within a predominantly residential area and benefits from a substantial on-site car park, offering ample parking for occupiers and visitors alike.
Description
The property comprises a modern, purpose-built two-storey office building producing a net rent of £58,346 per annum.
It has been subdivided into a range of smaller suites, currently occupied by multiple tenants on a variety of lease terms (a full tenancy schedule is available upon request).
The building benefits from a large on-site car park, and occupiers have access to shared amenities including WC facilities, a meeting room, kitchen, and reception area.
Accommodation Text
The property extends to a total net internal area of 6,478 sq ft.
A detailed breakdown of the individual suite sizes is provided within the tenancy schedule.
Services
All mains services are connected to the property. Utility costs are met by the landlord and recovered from the occupiers through a utility levy of £2.00 per sq ft.
EPC
The property has an EPC rating of D. Copy of certificate available on request.
VAT
VAT is applicable to the transaction. However, it is anticipated that the sale will be treated as a Transfer of a Going Concern (togc), subject to the purchaser satisfying the relevant hmrc requirements. Further information is available upon request.
Lease Terms
The building is let to a number of different tenants on varying lease terms, producing a combined net rental of £58,346 per annum.
The gross rental received (inclusive of service charge and building insurance) is £77,103 per annum.
A full tenancy schedule is available on request.
Legal Costs
Each party is responsible for their own legal costs
Viewing Detail
Strictly through agents
Taylor Weaver
(James Taylor
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Monthly repayment
£3,251 per month
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