The property comprises a detached two storey modern brick built office building, bearing a single pitched roof. Internally the property offers a mixture of open plan office, private offices/ meeting rooms along with kitchen and WC facilities.
Specifications include:
- LED lighting
- Raised access flooring
- GF entrance door electric security shutter
- GF window security shutters
- Gas fired central heating system
- FF A/C
Externally the property benefits from 17 allocated car parking spaces.
Location
The subject property is situated within a business park off Lowfields Road, which is located 1.5 miles south of Leeds City Centre, and is 1 mile away from J.1 of the M621 motorway.
Gelderd Road is nearby which acts as a main arterial route to Leeds City Centre and is home to a number of office, trade counter and industrial occupiers.
Accommodation
Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 2nd Edition, January 2023, the unit provides the following net internal areas:
Ground Floor - 1,825 sq ft (169.5 sq m)
First Floor - 1,803 sq ft (167.5 sq m)
Total - 3,628 sq ft (337 sq m)
Terms
EPC - The property currently benefits from an EPC rating of B-50.
TERMS - The property is available for sale on a freehold basis subject to its existing tenancy, at a price of offers exceeding £550,000 + VAT
TENANCY SCHEDULE - See attached brochure for information
VAT - VAT is applicable at the property.
RATEABLE VALUE - We have made enquiries with the VOA website. The subject property has a rateable value of £37,000.
LEGAL COSTS - Each party to the transaction will be responsible for their own legal expenses incurred.
SERVICE CHARGE - Further details available on request.
Specification
- 3,628 Sq Ft (337 Sq M).
- Let to “Perega Ltd” - well established firm of Building Surveyors/Structural Engineers.
- Detached 2 storey office building close to Gelderd Road in Leeds.
- Gross yield of 8%.