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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