Commercial Properties

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For Sale
£400,000

Townend Works 148 Lowtown, Leeds

Showroom

LOCATION  

The property is located fronting Lowtown, close to the  centre of Pudsey, which is itself a busy suburb of  Leeds, located approximately equidistant between  Leeds and Bradford.  

DESCRIPTION  

The property comprises a single-storey workshop and  showroom premises constructed of steel portal frame  with stone outer walls and a high proportion of  fenestration to the showroom section. There is a roller  shutter providing loading access and the property  benefits from an average eaves height of  approximately 3.5m. The space is predominantly  open-plan with a separate office and WC. The property  benefits from 3-phase electricity supply and gas-fired  warm air blower to the main workshop space.  

ACCOMMODATION  

Measured in accordance with the RICS Property  Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the  unit provides the following approximate gross internal  areas:  

Workshop/showroom 2669 sq ft (248m²)  

Office 118 sq ft (11m²)  

Total 2787 sq ft (259m²)  

TERMS  

The property is available on a freehold basis with  vacant possession and offers are invited in excess of  £400,000. (Price quoted excluding VAT if applicable).  

BUSINESS RATES  

According to the Valuation Office Agency website, the  premises has a current 2017 rateable value of  £15,500. Interested parties are advised to direct  further enquiries to the local authority.

For Sale
£325,000

Unit 8 Victoria Court, Leeds

Investment

LOCATION  

Victoria Court is located near the junction of the A643 Victoria Road and Church Street to the top end of Churwell  Hill approximately half a mile from Morley centre and some three miles to the south west of Leeds City Centre.  


DESCRIPTION  

Victoria Court is an attractive, modern office development comprising nine self-contained office buildings set  within a secure, pleasant, landscaped courtyard environment. Unit 8 is a two storey building constructed in  attractive local stone under a single pitched roof with modern double-glazed windows. The specification includes:   

Gas central heating   

Modern suspended ceiling incorporating Cat II lighting   

Carpeting and decorations throughout   

Security alarm   

w/c facilities   

Perimeter trunking   

Kitchen facility  


ACCOMMODATION  

Measured in accordance with the RICS Property Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the office provides the following approximate internal areas of:  

Ground floor 1175 Sq. ft (109.2 Sq. m)  

First floor 1175 Sq. ft (109.2 Sq. m)  

Total: 2360 Sq. ft (218.4 Sq. m)  

The property benefits from 5 parking spaces per floor (10 in total). 


TENURE  

The property is held by way of a long leasehold interest with a term of 999 years from 1992. The owner is  responsible for a proportion of Estate Service Charge to maintain the common areas.  The property is occupied by way of the following under leases:   

Ground Floor is let to Legal & General until Jan 2023 at current passing rent of £11,400 pa  (£9.70 psf)   

First Floor is let to Corps Security Ltd which expires in April 2022 at a current passing rent of  £11,400 pa (£9.70 psf). The tenant has agreed a lease renewal from 10th April 2022 for a  term of 5 years at £13,000 pa.  The total income from April 2022 is £24,800 pa. VAT is applicable.    


TERMS  Our Client’s Long Leasehold interest is offered for sale at a guide price of £325,000 plus VAT. VAT is applicable  on this property. 


BUSINESS RATES  According to the Valuation Office Agency website, the property has current 2017 Rateable Values of: 

Ground floor £8,900.00  

First floor £8,900.00

For Sale
£240,000

Unit 5 Victoria Court, Leeds

Investment

LOCATION 

Victoria Court is located near the junction of the A643 Victoria Road and Church Street to the top end of Churwell  Hill approximately half a mile from Morley centre and some three miles to the south west of Leeds City Centre.  


DESCRIPTION  

Victoria Court is an attractive, modern office development comprising nine self-contained office buildings set  within a secure, pleasant, landscaped courtyard environment. Unit 5 is a two storey building constructed in  attractive local stone under a single pitched roof with modern double-glazed windows. The specification includes:   

Gas central heating   

Modern suspended ceiling incorporating Cat II lighting   

Carpeting and decorations throughout   

Security alarm   

w/c facilities   

Perimeter trunking   

Kitchen facility  


ACCOMMODATION 

Measured in accordance with the RICS Property Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the office provides the following approximate internal areas of:  

Ground floor 964 Sq. ft (90.5 Sq. m)  

First floor 888 Sq. ft (82.5 Sq. m)  

Total: 1852 Sq. ft (172.1 Sq. m)  

The property benefits from 5 parking spaces in total.  


TENURE  

The property is held by way of a long leasehold interest with a term of 999 years from 1992. The owner is  responsible for a proportion of Estate Service Charge to maintain the common areas.  The property is occupied by way of the following under leases:   

Ground Floor is let to Springfield Training Ltd with the lease guaranteed by Personal Track Safety Ltd.  Rent is £9,800 pa plus VAT. The tenant has just renewed the lease for a term of 5 years from 1st April  2022. The lease benefits from a tenants option to break at the end of the third year (April 2025) and  rent review should the lease continue. They benefit from 3 parking spaces   

First Floor is let to Capital Management CFP Ltd, but by way of a Licence to Occupy at a rent of £10,600  pa plus VAT. Tenancy expired March 2020. They benefit from 2 parking spaces.  The entire building is let at a current total passing rent of £20,400 per annum (£11 per square foot.)  


TERMS  

Our Client’s Long Leasehold interest is offered for sale at a guide price of £240,000 plus VAT. VAT is applicable  on this property. 


BUSINESS RATES  

According to the Valuation Office Agency website, the property has current 2017 Rateable Values of:  

Ground floor £6,900.00  

First floor £6,500.00

For Sale
£215,000

Unit 7 Victoria Court, Leeds

Investment

LOCATION 

Victoria Court is located near the junction of the A643 Victoria Road and Church Street to the top end of Churwell  Hill approximately half a mile from Morley centre and some three miles to the south west of Leeds City Centre.  


DESCRIPTION  

Victoria Court is an attractive, modern office development comprising nine self-contained office buildings set  within a secure, pleasant, landscaped courtyard environment. Unit 7 is a two storey building constructed in  attractive local stone under a single pitched roof with modern double-glazed windows. The specification includes:   

Gas central heating   

Modern suspended ceiling incorporating Cat II lighting   

Carpeting and decorations throughout   

Security alarm   

w/c facilities   

Perimeter trunking   

Kitchen facility  


ACCOMMODATION  

Measured in accordance with the RICS Property Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the office provides the following approximate internal areas of:  

Ground floor 859 Sq. ft (79.8 Sq. m)  

First floor 754 Sq. ft (77.01 Sq. m)  

Total: 1613 Sq. ft (149.6 Sq. m)  

The property benefits from 5 parking spaces  


TENURE  

The property is held by way of a long leasehold interest with a term of 999 years from 1992. The owner is  responsible for a proportion of Estate Service Charge to maintain the common areas.  The property is occupied by way of the following under leases:   

Ground Floor is let to Brazier Consulting Services Ltd at a rent of £7,600 plus vat pa. The lease is for a  term of 5 years expiring September 2024. There is a rent review in Sept 2022. There is a tenants option  to break at Sept 2022, with no less than 6 months prior written notice.   

First Floor is under offer for a 5 year lease (no break) to Springfield Training Ltd with rent free until  April 2022 at a rental of £8,000 pa to Springfield Training Ltd.  The total income is £15,600 pa (all plus VAT).  


TERMS  

Our Client’s Long Leasehold interest is offered for sale at a guide price of £215,000 plus VAT. VAT is applicable  on this property. 


BUSINESS RATES  According to the Valuation Office Agency website, the property has current 2017 Rateable Values of: 

Ground floor £5,800.00  

First floor £5,500.00

For Sale
£140,000

3 Middleton Park Avenue, Leeds

Investment

LOCATION  

The property is located just off Middleton Park Circus  which is a district shopping area immediately to the  south of Leeds Outer Ring Road in the South Leeds  suburb of Middleton. The premises are around 5 miles  south of Leeds city centre and within easy reach of  both the M1 and M62 motorways. The immediate  surrounding area predominantly comprises other retail  properties and domestic housing.  

DESCRIPTION  

Mid-terrace two storey property situated within an  established suburban retail parade. There is a small  yard/parking area immediately to the rear of the  property. Internally, the ground floor comprises a  front sales area, rear food prep/storage area and stairs  leading to a basement. Further stairs lead to first floor  accommodation providing staff welfare facilities and  offices/stores.  

ACCOMMODATION  

Measured in accordance with the RICS Property  Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the  unit provides the following approximate internal areas:  

Ground floor 474 sq ft (44m²)  

First floor 408 sq ft (37.9m²)  

Basement 291 sq ft (27m²)  

Total 1173 sq ft (109m²)  

LEASE TERMS  

The property is let by way of a renewal lease for a term  of 5 years commencing 2nd March 2021 at a rent of  £6,000 pa. There is a tenants option to break on 2nd March 2024 exercisable upon 6 months prior written  notice.  TENURE The property is offered on a freehold basis subject to  the above lease at a guide price of £140,000. It is  understood VAT is not applicable on the sale of this  property.

To Let
£109,500 PA

2a & 2b Wakefield 41 Business Park South Park Way, Wakefield

Office

LOCATION

The property is located within the established Wakefield 41 Business Park which is a short distance from

J40 of the M1, providing excellent access to the North and South. Wakefield city centre is approximately

1.5 miles to the south-east and Leeds is c. 10 miles to the north.


DESCRIPTION

The property comprises a pair of semi-detached offices which are presently interconnecting internally and

can therefore be offered as a single detached office as a whole, or as two individual parts. The building is

2-storey under a pitched and hipped roof with anodised aluminium double-glazed windows, gas central

heating, kitchen and WC facilities. The accommodation is predominantly open-plan internally. There is onsite

car parking allocated to this building.


ACCOMMODATION

Measured in accordance with the RICS Property Measurement (incorporating International Property

Measurement Standards) 1st Edition, (IPMS: OFFICE BUILDINGS) May 2015, the unit provides the

following approximate internal areas:

Unit 2a

ground floor 2125 sq ft (197.4m²)

first floor 2241 sq ft (208.2m²)

total 4366 sq ft (405.6m²)

Unit 2b

ground floor 2145 sq ft (199.3m²)

first floor 2249 sq ft (208.9m²)

total 4394 sq ft (408.2m²)

Grand total 8760 sq ft (813.8m²)


TERMS

The suites are available to let on full repairing and insuring leases for a minimum term of 3 years at an

initial rental of £12.50 per square foot per annum plus VAT


BUSINESS RATES

According to the Valuation Office Agency website, the suites have a current 2017 rateable value as

follows:

Suite 2A £29,250

Suite 2B £29,750

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

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