News

B&M and ScS, Preston

Price: £6.14 million Type: Investment Sale Status: Under offer

CBRE Global Investors are offering the B&M and ScS, Mariners Way, Preston for sale for £6.14 million reflecting a net initial yield of 8.25%.

The property is situated 1 mile west of Preston city centre, adjacent to a Morrisons supermarket and a McDonald’s drive-thru. Both units comprise a total of 43,472 sq ft on ground floor and both incorporate additional trading mezzanine floors. The B&M also has a garden centre. There is parking for 205 cars showing a ratio of 1:212 sq ft.

The total passing rent of £541,130 per annum reflects a very modest £12.45 psd overall and the scheme has a WAULT of 8 years without break.

For further information please contact:

Hamish@stauntonwhiteman.co.uk

Nick@stauntonwhiteman.co.uk

Brochure PDF