Adair Paxton Property Specialists

Alexandra House Education Road, Leeds

PA £25,000
For Sale
Office

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Location

The property is located fronting Education Road close to its junction with Meanwood Road. This location is approximately 1 mile north of Leeds city centre and provides easy access to the Leeds Inner Ring Road and the motorway network beyond.

 

Description

The property comprises a detached warehouse incorporating quality office accommodation constructed around a steel portal frame with brick elevations under a pitched roof. Internally, the property provides 2-storey office accommodation, with a ground floor entrance, reception, board room, directors' office and open-plan work areas with partial comfort cooling and gas central heating throughout.

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:

  • ground floor offices 2882 sq ft (267.7m²)

  • first floor offices 2742 sq ft (254.7m²)

  • TOTAL 5,624 sq ft (522.5m²)

     

    The property benefits from extensive security to include CCTV, automated shutters and a programmable key tag entry system.

    Terms

    The property is available on a new lease on effective full repairing and insuring terms at an initial rental of £25,000 p.a. exclusive.

     

    VAT

    The property is elected for VAT and therefore VAT is payable on the purchase price or rent.

    Business Rates

    According to the Valuation Office Agency website, the property has a current 2017 Rateable Value of £28,500. Interested parties are advised to make their own enquiries in this respect.

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