Kommerling UK Ltd, Walton Summit, Preston

33,985 sq ft
Kommerling UK Ltd

Property description

An excellent opportunity to acquire a well let industrial warehouse opportunity, located within Walton Summit, a highly sought after location at the convergence of the M6, M61 and M 65 Motorways.  The property comprises a 33,985 sq ft detached industrial unit on a self-contained site with additional land available to extend the property if required.

The property is let to Kommerling UK Limited on a 23 year lease expiring in February 2028 (8.75 years unexpired).  The current rent is £189,253 pa (£5.56 psf) and is subject to annual uncapped RPI linked rental uplifts (every March).  The tenant has also invested heavily in the unit.