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Leasehold

Offers in region of

£2,600,000

(£50.49/sq. ft)

Industrial for sale

Unit 32-34, Moor Lane Trading Estate, Sherburn In Elmet, Leeds LS25
51,497 sq. ft

Offers in region of

£2,600,000

(£50.49/sq. ft)

Industrial for sale
Unit 32-34, Moor Lane Trading Estate, Sherburn In Elmet, Leeds LS25

    • 51,497 sq. ft

Leasehold

About this property

  • Short term income producing opportunity (lease until 12 September 2026)

  • Rental income of £128,645 per annum

  • Established industrial location

  • Estimated Rates Payable: £56784

Description

Units 32-34 offer a terrace of three warehouses of steel portal frame construction with pitched cement sheet roofs incorporating roof lights. The properties share a self contained secure tarmaccadam yard.

Location

Moor Lane Trading Estate is situated within the established and highly popular Sherburn Industrial Estate, which is strategically located circa 5 miles to the north east of Junction 42 of the A1(M) Motorway and just over 8.5 miles to the north east of Junction 32A of the M62 Motorway. Moor Lane Trading Estate itself is accessed off Moxon Way, which leads directly onto Bishopdyke Road (B1222) via Aviation Road.

Viewings

Strictly by appointment only.

Terms

The property is available for sale on the basis of a new 999 year lease at a peppercorn rent. The property is subject to an existing lease expiring 12 September 2026, to Classic Carriers Ltd, producing a rental income of £128,645.00 per annum. The lease is contracted outside the Landlord and Tenant Act 1954 provisions. There could be potential to obtain vacant posession sooner than expiry. Further information is available on request.

The Vendor is seeking offers in the region of £2,600,000 (STC).

Specifications

* 6.24M eaves
* Solid concrete floor
* 1 ground level loading door (per unit)
* 22m tarmaccadam yard
* 110 kva power supply

Additional Information

The buyer will be required to contribute a fair and reasonable proportion towards the cost of maintaining Moxon Way and the drainage pond, pumping equipment, rising main and gravity drain which serves the property.

The sale will be subject to rights held by Yorkshire Water to keep and maintain a sewage pumping station adjacent to the former pump house near the entrance to the site.

More information

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