13th September 2017

Well located, RPI reviewed Industrial Opportunity

Well located, RPI reviewed Industrial Opportunity

We are delighted to bring this well located industrial investment to market. The salient points to consider are as follows:

  • Immediately south of the Prime Leeds industrial area close to M621/A1-M1 junction
  • 2,017.30 sq m (21,714 sq ft)
  • 42% Site Coverage
  • Freehold
  • Passing rent £95,000 (£4.38psf) reversionary to £97,000pa
  • Assuming 3% per annum Retail Prices Index the rent would move to £110,000 in 2021
  • Approximately 9 years unexpired to national plant hire company AFI-Uplift Ltd (reg no 03539352)
  • Uncapped upwards only RPI Review
  • Offer in excess of £1,112,000 8% reversionary to 8.27% (after deduction of costs at 5.86%)

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