Industrial Light , Investment Available
Unit 1, Profile Park, Junction Street, Whitewalls Industrial Estate, Colne , Lancashire
£1,950,000
Available
Key Details
Available
34,442
Industrial Light , Investment
Commercial For Sale
Property Description
A substantial manufacturing facility comprising two interconnected units. Unit 1 is of steel portal frame construction beneath a pitched steel truss roof with asbestos sheet covering and profile sheet cladding to the external walls.
Internally Unit 1 comprises a fully open plan warehouse with solid concrete flooring and a canopied loading area with a concreted yard, accessed just off Junction Street. The unit benefits from three electrically operated roller shutter doors and has an internal eaves height of approximately 6.1m
Unit 1a comprises an adjoining, modern manufacturing facility of steel portal framed construction beneath a pitched, insulated profile sheet clad roof with translucent roof lights. Internally, the accommodation comprises a large production area together with a modern, two storey office block comprising a reception, 4 private offices, a canteen and WC facilities.
The first floor comprises a further 6 offices, a kitchenette and male / female WC's. The office accommodation is fitted to a high specification, with LED lighting, dual air conditioning heating and perimeter trunking.
Externally, there is a concreted yard providing goods loading to both units and an additional allocated parking area.
Location
Profile park is situated within the established Whitewalls Industrial Estate complex between Colne and Nelson in the Borough of Pendle. Located off Junction Street, the site is conveniently located within a short drive from Junction 14 of the M65 motorway.
The property is positioned closely to a number of established occupiers including Boundary Mill Stores, Asda, Next, Tool Station and Pure Gym.
Accommodation/Site investigation
Unit 1
Production area 1,582.34 sq.m 17,033 sq.ft
Unit 1 a
Ground Floor
Manufacturing area, 4 offices, reception, WC's and canteen. 1,519.9 sq.m 16,369 sq.ft
First Floor
6 private office, board room, kitchenette male and female WC's 97.4 sq.m 1,048 sq.ft
GIA 3,199.64 sq.m 34,442 sq.ft
Services
We are advised that all mains services are available.
Services responsibility
It is the prospective purchaser's responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose.
Price/Rent
£1.95 million plus VAT
Terms
Upon completion of the sale, the current occupiers are to enter a lease-back on the following terms:
- 10 Year Full Repairing and Insuring lease subject to a Schedule of Condition.
- Rental of £150,000 per annum exclusive of VAT.
- Open market rent review at the fifth anniversary.
- Tenant break clause at the fifth anniversary.
Further occupier details are available upon request.
Legal costs
Each party is responsible for their own legal costs.