Industrial for sale

Futures Way, Bolling Road, Bradford BD4

Key Points

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

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 areas

Location

The 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).

Terms

The property is available for sale subject to the current occupational lease:

Tenant: Joda Freight Ltd
Term: 5 years
Rent: £349,000 per annum exclusive
Rent deposit: Rent deposit in place
Lease commencement: 22 December 2023
Break: Tenant only at the third anniversary
lta: Contracted within the provisions of the lta 1954
Rent review: 22 December 2026, upward only