Warning - This property listing has now expired.

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To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Ailsa House, Turnberry Park, Morley, Leeds, LS27 7LE

26,625 Sq Ft / Offices

For Sale - £14,200,000.00

Available - Last updated: 29 June 2022

Multi-let office investment located on Turnberry Park which is a 1 minute drive to the M62 - M621 interchange.

High quality modern office accommodation with flexible floor plates benefitting from a rolling refurbishment programme.

Providing a total of 26,625 sq ft of offices over 3 storeys.

Let to 2 tenants with 59% of rent from the Secretary of State for Housing, Communities, and Local Government, who also house their data centre in Ailsa House.

Rent passing of £352,551 pa, equating to a low rent of £13.24 psf.

WAULT of 3.29 years (1.61 years to break).

Various asset management opportunities including letting the vacant accommodation (4,486 sq ft), and renewing the lease to the Secretary of State for Housing, Communities, and Local Government.

Part of a 3-property portfolio - further details available on application.

Consideration will be given to the sale of the individual assets.

( Agency Pilot Software ref: 20012432 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £14,200,000.00 NA

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Tom Forman

Carter Jonas LLP

020 3151 2305



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