Property description
Rare opportunity to acquire a single let industrial investment opportunity let to an undoubted covenant with over 14 years unexpired.
Strategically positioned immediately adjacent to J5 of the M65, providing direct access to the M6, M61 and M55. The unit is prominently located within the heart of Shadsworth Business Park, Blackburn – one of Lancashire’s largest employment zones (163 acres).
The property is a modern, detached HQ facility comprising 52,214 sq ft on a 2.41-acre site, benefitting from 7m eaves, 2 loading doors, extensive concrete yard and fully fenced, secure site.
Let to Bright Blue Foods Ltd on a renewed 15-year Fri lease from November 2025 with no break. Passing rent of £388,994 pa (£7.45 psf), with 5-yearly OMV rent reviews. BBF benefit from a 5A2 D&B rating and are the UK’s largest own-label cake and chilled desert manufacturer, with a turnover of £226M.
The purchase price of £5,400,000 reflects a NIY of 6.75% and a Capital Value of £103 psf (below VP values).
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