Commercial · For sale

Units 1 & 2, Rossendale Road Industrial Estate, Burnley – Multi-Let Industrial Investment

Billington Road, Burnley, Lancashire, BB11 5UB

Offers over £3,600,000

Tenure

Not specified

Added

18 Oct 2026

About this property

Reversionary Industrial Investment with Immediate Asset Management Opportunities.

The property comprises two adjoining warehouses occupied as a single unit. The buildings are of steel portal frame construction with brick and profile metal sheet cladding, beneath a metal roof. Both units have LED lighting throughout. The tenant has removed blockwork to create access to the unit at the rear, which is to be reinstated at the end of the lease. Externally the units benefit from a generous yard/loading area to the front and side elevations, as well as good car parking provision. Unit 1 Unit 2

Key points: - High yielding, reversionary industrial investment offering immediate asset management opportunities. - Excellent connectivity to J9 and J10 of the M65, which in turn connects with the M6 and M61 motorways. - Two adjacent industrial units currently occupied as a single entity, providing a GIA of 62,771 sq ft. - 3.32-acre site providing a low site density of 43%. - Let to Limitless Digital Group Ltd on a 10-year lease expiring 31 December 2032, subject to a tenant break on 1 January 2028. - The tenant is no longer in occupation and is marketing an assignment of their lease. - Low passing rent of £315,000 pa (£5.00 psf). - Significant reversion with an ERV of £423,704 pa (£6.75 psf). - The tenant has been in occupation for 14 years on a full FRI lease without a schedule of condition. - Immediate asset management opportunities, including pursuing a surrender and dilapidations settlement, refurbishment and the ability to split into two units.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Passing Rent: £315k pa
• Net Initial Yield: 8.22%
• Reversionary Yield: 11.05%