Offers in region of
£2,750,000
(£120.34/sq. ft)
Industrial for saleNorden Court, Alan Ramsbottom Way, Great Harwood BB6
22,852 sq. ft
About this property
Modern multi-let Industrial investment extending to 22,852 sq ft, with open storage compound extending to 0.2 acres
Arranged across 9 units ranging from 1,915 sq ft to 3,729 sq ft
Refurbished units with strong parking and loading provision
Located in a well-established industrial estate, close to Great Harwood town centre and within 3 miles of the M65 (Junction 7)
Well connected to the wider motorway network via M65 / M61 and M6 motorways
Fully Let to 8 tenants producing an annual rent of £192,270
Very low average rent of £7.70psf
Highly reversionary asset with established rents of £10+psf on the estate
Opportunity to renegotiate 50% of leases within 12 months giving the ability to quickly capture reversion
Storage land has planning consent for the construction of 4 new industrial units
Great Harwood is a town situated in the Borough of Hyndburn, Lancashire, approximately 5 miles north-east of Blackburn and adjacent to the Ribble Valley.
The town forms part of Hyndburn's established "Three Towns" conurbation alongside Claytonle-Moors and Rishton, and sits within easy reach of Accrington and Burnley, both within 5 and 10 miles respectively.
The property benefits from strong strategic road communications via the M65 motorway (junction 7), which links Preston in the west to Colne in the east and provides direct access to the national motorway network via the M6 (Junction 1) and M61 (Junction 2).
Manchester lies approximately 25 miles to the south via the M65/M61, with Preston around 15 miles to the west, giving occupiers ready access to the wider North West and Yorkshire markets, including Leeds via the A56/M65 corridor.
Rail connections are available from Accrington station (c. 2 miles) and Blackburn station (c. 5 miles), both offering regular services on the Calder Valley line to Manchester Victoria, Leeds and the wider TransPennine network.
Manchester Airport, the North West's principal international gateway, is approximately an hour's drive away, providing occupiers with excellent connectivity for staff, freight and visitors.
The wider Pennine Lancashire area, encompassing Blackburn with Darwen, Hyndburn and Burnley, provides a substantial and experienced labour catchment, historically rooted in manufacturing and textiles and now supporting a diverse modern industrial and logistics base.
Description
Norden Court comprises nine modern warehouse units constructed in c. 2000 of steel portal frame construction.
The units are arranged in four parades across two detached industrial units. Access to each of the parades are via three separate entrances off Alan Ramsbottom Way.
All of the units are of similar specification having been recently refurbished. The units are of brick and profile metal cladding, under a profile metal clad pitched roof.
Each unit has the benefit of an electronic roller shutter door, as well as a single pedestrian entrance, and shared yard with parking facilities directly outside each unit.
The property is bound by secure metal palisade fencing to all perimeters, with gated access to all three entrance points, improving the security on the estate.
The property also includes a rectangular shaped parcel of storage land situated adjacent to Units 8 & 9 which extends to c.0.20 acres.
The site is surfaced with Tarmacadam, secured around the perimeter with palisade fencing and fully serviced.
The storage land has planning consent for the construction of 4 industrial starter units.
Further information available on request.
VAT
The property is elected for VAT but it is intended that the deal will be structured as a togc.
Services
The estate runs a small service charge for the maintenance of common areas. The budget for year ending December '26 is £6,111 p.a. Which reflects £0.32 per sq ft and is fully recoverable from tenants within the estate.
Legal Costs
Each party is to be responsible for their own legal costs.
Viewings
Please contact the agents:
Whiteacres Property
Church House
10 Church Street
Burnley
BB11 8HG
EPC
EPC certificates can be provided on request.
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