Chartered SurveyorsCommercial Property ConsultantsValuers

Concrete Batching PlantSnowdon RoadQueensway Industrial EstateSt AnnesFY8 3DP

Well established industrial estateSubstantial new development ongoingwithin the immediate vacinityIncome producing investment with inexcess of 12.75 years remaining withoutbreak

CONCRETE BATCHING PLANT INCOMEPRODUCING INVESTMENT OPPORTUNITY0.284 hectares ( 0.7 acres )

www.eckersleyproperty.co.uk

Location

The site is located at the end of SnowdonRoad in the north east corner of the wellestablished Queensway Industrial Estate.Access to the Industrial Estate is viaQueensway (B5261) which leads into StAnnes and Lytham immediately to the southand Blackpool to the north.

Blackpool airport and the enterprise zonelies to the north with motorway accessbeing provided via junction 4 of the M55which connects with the M6 motorway tothe north of Preston.

Blackpool lies 1 mile to the north, St Annes1.25 miles to the south west, Lytham 3miles to the south east and Preston 14miles to the east.

Description

A level ‘L’ shaped site being predominantlyconcrete and hardcore surfaced occupiedas a concrete batching plant. The site isself contained and secured by way ofpalisade fencing.

Site area

The site extends to a gross area ofapproximately 0.284 hectares (0.7 acres).

Services

We understand that the site benefits frommains services including electricity (3-phase), water and drainage.

Interested parties are advised to make theirown enquiries in this regard.

Rating Assessment

The site has a current rating assessmentas a concrete batching plant and premisesof £20,750.

Interested parties should, however, maketheir own enquiries of the local planningauthority at Fylde Borough Council (tel.01253 658658).

Tenure

Understood to be freehold with the benefitof 2 existing occupational leasescovering the entire site.

A copy of the title information is availableupon request.

Planning

We understand that the site benefitsfrom its current use as a concrete batchingplant and premises generally falling withinclass B2 of the Town & Country Planning(Use Classes) Order 1987 (as amended).

Interested parties are recommended tomake their own enquiries of thelocal planning authority,Fylde Borough Council (tel. 01253 658457).

Occupational Lease Information

The site is let to Moore ReadyMix Limited(03677048) on 2 leases both for a term of15 years w.e.f. 1st August 2015 expiring onthe 31st July 2030 at a current combinedpassing rent of £32,000 per annum,exclusive. Both leases are coterminous.

Copies of the leases are available uponrequest.

Moore ReadyMix Limited have been inoccupation since September 2000 andoperate from 3 locations in Preston,Chorley and St Annes. They have anExperian score of 100 (very low risk) (23August 2017) although parties are advisedto make their own separate enquires inrespect of covenant strength.

Proposal

Offers are sought in the region of £435,000reflecting a net initial yield of 7.05%allowing for purchaser costs of 4.34%.

Photographs and Plans

All photographs and plans included withinthese particulars are for indicative purposesonly and should not be relied upon.

VAT

We understand that the purchase price willnot be subject to VAT.

Enquiries

Strictly by appointment with the soleagents:EckersleyTelephone: 01772 883388Contact: Mark ClarksonEmail: mac@eckersleyproperty.co.uk

Preston officeStarkie Court13 Starkie StreetPrestonPR1 3LU

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01772 88338801772 881602preston@eckersleyproperty.co.uk

Lancaster officeCastle ChambersChina StreetLancasterLA1 1EX

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01524 6052401524 381477lancaster@eckersleyproperty.co.uk

Eckersley for themselves and for the vendors or the lessors of this property whose agents they are give notice that i) The particulars are set out as a general outline only for the guidance of the intended purchaser or lessees and donot constitute any part of an offer or contract. ii) All descriptions, dimensions, references to condition and necessary permissions for the use and occupation, and other details are given in good faith but without responsibility andintending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. iii) No person in the employment of Eckersleyhas any authority to make or give any representation or warranty whatever in relation to this property.