Description

An exceptional investment opportunity presents itself with the availability of a Grade A warehouse spanning 85,757 square feet in Walton Summit, Preston, England. The property is currently leased to esteemed third-party logistics (3PL) provider Kammac for a duration of 10 years, offering investors an all-inclusive price of Rs. 68,54,00,000 / £7,450,000 (equivalent to Rs. 7,992 / £86.9 per square foot). This translates to an impressive 9.00% cash-on-cash yield and an enticing 18.2% internal rate of return (IRR) for qualified investors.

Established in 1980, Kammac has emerged as one of the leading players in the rapidly expanding third-party logistics sector within the UK market. With a network spanning 10 strategically located sites across the country, encompassing a total area of 1.9 million square feet, Kammac serves an illustrious clientele including renowned names such as TESCO, WH Smith, and LIDL.

Situated in Preston, the administrative hub of Lancashire and the third-largest city in the North West of England, the property enjoys proximity to major urban centers, including Manchester (33 miles) and Liverpool (35 miles). Furthermore, its strategic location offers convenient access to London, merely 2.5 hours away by train.

This offering represents a rare chance to acquire a highly distinguished Grade A warehouse currently leased to Kammac, boasting an unexpired lease term of over nine years. It presents an opportunity for investors to secure a prime asset in a sought-after location with a reputable tenant, poised for long-term stability and attractive returns.