- Situated on one of the leading industrial estates in Bradford.
- Excellent access to the m606/m62 and national motorway network.
- Highly committed tenant who operates their UK HQ from the property.
- Regular shaped warehousing and light industrial accommodation extending to 45,811 sq ft (4,256 sq m) GIA.
- Site area of 2.86 acres (1.16 hectares) providing a low built site density of 35%.
- Freehold.
- Single let to a strong covenant with an unexpired lease term of just under 8 years.
- Rent passing of £205,000 per annum, reflecting a low rent of £4.47 per sq ft.
Offers are invited in excess of £3,700,000, subject to contract and exclusive of VAT.
A purchase at this level would reflect and Net Initial Yield of 5.20% after graduated acquisition costs of 6.52%. This reflects a low capital value of £81.00 per sq ft.
