Under offer

8 Peel Road, Skelmersdale, WN8 9PT


Size
23,012 sq ft
Tenant
RMD Kwikform
Value
£2,745,000
Yield
NIY 5.75% & RY 9.47%
Capital value
£77 psf

Property description

Excellent opportunity to acquire a highly reversionary detached single let industrial investment.

The property is let to an outstanding covenant (tangible net worth over £100 million) with 2.25 years to break and 7.25 years to expiry.

The property comprises a 23,012 sq ft unit on a 3.2 acre site at a very low passing rent of £168,000 pa (£2.77 psf on built accommodation), with a reversionary rent of £276,840 pa (£7.50 psf on built accommodation).

There is a rent review on 15 April 2026 to the higher of Open Market Value or £190,079 pa.

The purchase price of £2.745m reflects a NIY of 5.75%, RY of 9.47% and a low CV of £77 psf (assuming £700k p/acre on concrete overage)


Request details

Please use the form below to make your enquiry. We typically respond within 24 hours.

Property of interest: 8 Peel Road, Skelmersdale, WN8 9PT

Agents

Joe Sinclair

E: joe@b8re.com

T: 07545 989810

John Burrows

E: johnb@b8re.com

T: 07921 137200