Property Details: • Type: 72,564 sq ft • Tenure: N/A • Floor Area: N/A
Key Features: • 7.28% Net Initial Yield • Let to Joda Logistics for a term of 5 years • Fully Refurbished • Detached Industrial Premises • Established Industrial Location • 4.3 Acre Secure Site • Large Secure Surfaced Yards
Location: • Nearest Station: Bradford Interchange Station • Distance to Station: 0.4 miles
Agent Information: • Address: 11 Park Square East, Leeds, LS1 2NG
Full Description: Detached fully let industrial premises available for sale in an established industrial location.Providing a substantial single storey warehouse/industrial building that has recently undergone refurbishment throughout.- Single Freehold title - Steel portal frame - Metal profile clad elevations - Solid concrete floor throughout - Various level and dock loading doors - High specification internal offices - LED lighting throughout - Secure fenced site - Extensive yard areasThe property is situated in an established industrial location, approximately 0.5 miles south of Bradford city centre. The property is between both the A650 Manchester Road and the A641 Wakefield Road, these provide excellent transport links to the A6177 Bradford Ring Road and the M606 motorway, giving access to Junction 26 of the M62 (which connects onto the wider national motorway network).The property is available for sale subject to the current occupational lease:Tenant: Joda Freight Ltd Term: 5 yearsRent: £349,000 per annum exclusiveRent deposit: Rent deposit in place Lease commencement: 22 December 2023Break: Tenant only at the third anniversary LTA: Contracted within the provisions of the LTA 1954Rent review: 22 December 2026, upward only
