Ribble House

Meanygate, Bamber Bridge, PR5 6UP

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Property Type Office
Availability For Sale
Size 21,379 sq ft
Price £2,500,000
Energy Performance Rating Upon enquiry

Multi Let Office Investment Opportunity.

Location

Ribble House is ideally located within walking distance of Bamber Bridge town centre, yet only minutes away from Preston city centre and the motorway network (M6), which connects with the M61/M65 and M55.

Bamber Bridge is a town which sits in between Preston and Chorley, with all town centre amenities within close walking distance of Ribble House, including the railway station.

Key Points

  • NHS occupy 13,363 sq ft paying a net rent of £110,000 pa on a lease expiring June 2028
  • Currently producing a net rent of £189,000 p.a.
  • The property is held on a freehold basis
  • Total site area 1.53 acres
  • Ample Car Parking
  • Total net internal area 21,379 sq ft

Description

Ribble House compromises a recently refurbished former Head Quarter office facility which has been subdivided to provide prestigious self-contained office suites finished to a high specification and over 100 car parking spaces on site. The tenants all occupy on effective full repairing and insuring terms. Access to the building is through the feature atrium entrance with a passenger lift to the first floor. The office suites range from 704 sq.ft up to 13,363 sq.ft. A full tenancy schedule is available on request.

Accommodation

The net internal area of the building totals 21,379 sq ft. The building is currently fully let on various lease terms. The NHS is the largest occupier, occupying 13,363 sq.ft over ground and first floors.

Services

All mains services are connected to the premises. The office suites are separately metered and the cost of utilities is covered through the service charge.

Rating

Each suite has been rated separately and the tenants are responsible for payment of their own business rates for the areas which they occupy. Full details available on request.

Lease details

Ribble House is currently fully let to a total of four tenants producing a net annual rental of £188,824 per annum. A full tenancy schedule is available on request.