Adair Paxton Property Specialists

Springwood House Low Lane, Leeds

Asking price of £1,250,000
For Sale
Office

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  • Modern office space
  • Large car park
  • 1 mile north of Horsforth train station
  • LED lighting
  • Air conditioning

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LOCATION

The property is located just off Low Lane in the popular north-west Leeds suburb of Horsforth. The location is close to the junction with the A6120 Leeds Outer Ring Road providing quick access to both Leeds and Bradford city centres. Horsforth railway station is located less than 1 mile to the north of the property. The surrounding area is mainly residential with some pockets of commercial accommodation including offices, industrial and a number of retail units.

DESCRIPTION

The property comprises a self-contained office building built in the 1980s and arranged over 4 floors. It benefits from a large car park providing upwards of 40 car spaces with a total site area of 0.47 acres (0.19 ha). Internally the office space is predominantly open-plan and benefits from modern suspended ceilings, LED lighting, air conditioning and generous staff welfare facilities.

ACCOMMODATION

Measured in accordance with the RICS Property Measurement standards, the building provides the following approximate net internal areas:

Lower ground floor 2787 sq ft (258.9m²)

Ground floor 2871 sq ft (266.7m²)

First floor 3046 sq ft (283m²)

Second floor 3046 sq ft (283m²)

Total 11,750 sq ft (1091.6m²)

TERMS

The property is offered for sale on a freehold basis subject to a short-term lease to the existing occupiers for a minimum term to expire in Autumn 2019 on terms to be agreed. The guide price is £1.25m.

 

BUSINESS RATES

According to the Valuation Office Agency website, the property has the following current 2017 rateable values assigned:

Second floor £25,250

First floor £33,000

Part Ground floor £10,750

part Ground floor £7,600

Part Ground floor £12,750

Part Lower Ground floor £12,000

Part Lower Ground floor £11,250

Interested parties are advised to direct further enquiries to the local authority.

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