Commercial Properties

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Sold
£1,250,000

Springwood House Low Lane, Leeds

Office

LOCATION

The property is located just off Low Lane in the popular north-west Leeds suburb of Horsforth. The location is close to the junction with the A6120 Leeds Outer Ring Road providing quick access to both Leeds and Bradford city centres. Horsforth railway station is located less than 1 mile to the north of the property. The surrounding area is mainly residential with some pockets of commercial accommodation including offices, industrial and a number of retail units.

DESCRIPTION

The property comprises a self-contained office building built in the 1980s and arranged over 4 floors. It benefits from a large car park providing upwards of 40 car spaces with a total site area of 0.47 acres (0.19 ha). Internally the office space is predominantly open-plan and benefits from modern suspended ceilings, LED lighting, air conditioning and generous staff welfare facilities.

ACCOMMODATION

Measured in accordance with the RICS Property Measurement standards, the building provides the following approximate net internal areas:

Lower ground floor 2787 sq ft (258.9m²)

Ground floor 2871 sq ft (266.7m²)

First floor 3046 sq ft (283m²)

Second floor 3046 sq ft (283m²)

Total 11,750 sq ft (1091.6m²)

TERMS

The property is offered for sale on a freehold basis subject to a short-term lease to the existing occupiers for a minimum term to expire in Autumn 2019 on terms to be agreed. The guide price is £1.25m.

 

BUSINESS RATES

According to the Valuation Office Agency website, the property has the following current 2017 rateable values assigned:

Second floor £25,250

First floor £33,000

Part Ground floor £10,750

part Ground floor £7,600

Part Ground floor £12,750

Part Lower Ground floor £12,000

Part Lower Ground floor £11,250

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

Sold
£1,100,000

Falcon House Weaver Street, Leeds

Heavy Industrial

Location

The premises are located spanning Walter Street and Weaver Street, just off Kirkstall

Road (A65), approximately 1-mile West of Leeds City Centre. The surrounding area is a

mix of commercial and industrial buildings and is within easy reach of local amenities,

main arterial routes around Leeds and the motorway network beyond.


Description

The premises are constructed of a steel portal frame with brick outer walls and steel

profile cladding. The western elevation is predominantly glazed providing a good level of

natural light to the accommodation. The ground floor space is split with one side

benefiting from an eaves height of 7m and the part under the first floor office

accommodation has an eaves height of 3.75m. The first floor office space provides a

mixture open plan and cellular offices with meeting rooms, staff canteen and WCs.


Accommodation

Measured in accordance with the RICS property measurement (incorporating International

Property Measurement Standards) 1st Edition, May 2015, the accommodation provides the

following approximate gross internal areas:

Ground Floor 11,840 sq ft (1,100 sq m)

First Floor 6,025 sq ft (559,7 sq m)

TOTAL 17,865 sq ft (1659.7 sq m)

Externally there is a dedicated loading area/yard on the Weaver Street frontage which

could also provide some dedicated parking. Additional unrestricted parking is available on

surrounding streets also.


Terms

The property is offered for sale on a freehold basis with full vacant possession at a guide

price of £1,100,000. This price is quoted exclusive of VAT which is applicable on this

property.


Business Rates

The property is due to be reassessed by the Valuation Office. Interested parties are

advised to make their own enquiries in this respect.

For Sale
£799,950

The Studios Colorado Way, Wakefield

Investment

Location

The property is located opposite the Xscape leisure and retail development at Junction 32

of the M62, providing very easy access to the motorway network to Leeds, Hull, York,

Wakefield and Sheffield. The building is less than 200m away from the Glasshoughton

railway station providing quick and easy access to Leeds city centre.


Description

A self-contained 2-storey modern brick-built office building set within ample grounds

providing very good car parking ratio. Internally the accommodation is of a high quality

with an impressive communal entrance facility and board room which can be hired by the

office tenants. Access to the building is through a keypad security entry system. The first

floor will be vacant on completion, with the ground floor let to two separate tenants (see

below). The building benefits from a generously-sized car park, with additional land with

potential for expansion/development (STP).


Accommodation

Measured in accordance with the RICS Property Measurement (incorporating International

Property Measurement Standards) 1st Edition, May 2015 the accommodation provides the

following approximate net internal areas:

Ground Floor 2198 sq ft (204.2m²)

First Floor 2511 sq ft (233.3m²)

Total 4709 sq ft (437.5m²)

There are understood to be 29 car spaces on site.


Terms

The property is available on a freehold basis subject to existing tenancies as outlined below

at a Guide Price of £799,950 plus VAT. VAT is applicable on this property.

Current Tenancies

Suite 2 let to Arch Chemicals Ltd, with lease expiring in December 2023. The current

passing rent is £12,750 p.a. on an internal repairing basis.

Suites 3 & 4 let to BCC Computing Ltd on terms which incorporate an annual break, at a

current passing rent of £8,900 p.a.

Total income at present is therefore £21,650 plus VAT p.a.


Business Rates

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

values of:

Suite 1 £22,250

Suite 2 £7,900

Suite 3 £3,650

Suite 4 £3,000

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

For Sale
£400,000

856 Leed Road Bramhope, Leeds

Mixed Use

LOCATION

The property is located fronting Leeds Road in a

prominent position on the corner of Kings Road and

The Sycamores. Leeds Road is a main arterial route

into Leeds from the northern suburbs, and is located

approximately 7 miles from the city centre.


DESCRIPTION

The property comprises a detached building with retail

accommodation on the ground floor and residential

accommodation to the ground floor rear, first and

second floors. There are 2 elements to the residential

accommodation, one 5-bed duplex apartment with

converted attic space, and one 4-bed duplex

apartment with converted attic. Each of these is

separate and self-contained.


ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International Property

Measurement Standards) 1st Edition, May 2015, the

property provides the following approximate net

internal areas:

ground floor retail 571 sq ft (53.1m²)

office 101 sq ft (9.4m²)

store 96 sq ft (8.9m²)

total retail 768 sq ft (71.4m²)

residential (no. 854) 1003 sq ft (93.2m²)

residential (no. 856) 1314 sq ft (122m²)

total 1947 sq ft (180.9m²)


TERMS

The property is offered for sale on a freehold basis

with full vacant possession at a guide price of

£795,000. It is understood that VAT is not applicable

on the sale of this property.


BUSINESS RATES/COUNCIL TAX

According to the Valuation Office Agency website, the

commercial element of the property has a 2017

Rateable Value of £11,750. The residential parts are

each assessed for Council Tax in Band C.

Sold
£325,000

52/52a North Lane Headingly, Leeds

3 bedroom - Mixed Use


Location


The property occupies a prominent position on North Lane, close to its junction with Cardigan

Road and Kirkstall Lane, within the popular North Leeds suburb of Headingley.



Description 


The property comprises a mixed-use opportunity with retail accommodation to ground floor

and basement, and self-contained residential accommodation on the first floor. The building

is single-storey to the front with a 2-storey section to the rear and benefits from a yard

providing loading and/or parking. Internally, the retail accommodation is open-plan,

providing sales space to the front with steps leading to a rear storage/staff area with kitchen

and WC facilities and loading access to the rear yard.



Accommodation  


Measured in accordance with the RICS property measurement (incorporating International

Property Measurement Standards) 1st Edition, May 2015 the accommodation provides the

following approximate net internal areas:

Ground floor Sales 746 sq ft (69.3m²)

Ground floor Rear 196 sq ft (18.2m²)

Ground floor store 224 sq ft (20.8m²)

Basement 282 sq ft (26.2m²)

Total 1448 sq ft (134.5m²)


The first floor comprises a separate self-contained 3-bedroom residential apartment with

open-plan kitchen/living room and bathroom/WC.



Terms  


The property is offered on a freehold basis with full vacant possession, at a guide price of

£325,000. It is understood that VAT is not applicable on the sale of this property. 



Business Rates/Council Tax  


According to the Valuation Office Agency website the commercial element of the premises

has a 2017 Rateable Value of £19,750. Interested parties are advised to make their own 

enquiries in this respect.

Under Offer
£195,000

22/22a Kirk Lane Yeadon, Leeds

2 bedroom - Investment

LOCATION

The property is located fronting Kirk Lane, in the

popular north-west Leeds suburb of Yeadon. This

location is densely populated and the parade itself

contains a variety of independent retailers.


DESCRIPTION

The property comprises a mid-terraced building,

within which the ground floor and basement is let as

a sandwich shop on a commercial lease expiring in

May 2022 at a current passing rent of £8,400 p.a.

There is a rent review due in May 2020. The upper

floors are a separate self-contained 2-bed flat let on

an Assured Shorthold Tenancy at a rent of £500 pcm

for a term of 6 months from August 2019.


ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International Property

Measurement Standards) 1st Edition, May 2015, the

commercial element of the property provides the

following approximate net internal areas:

ground floor 511 sq ft (47.5m²)

basement 400 sq ft (37.1m²)

total 911 sq ft (84.6m²)

The residential flat comprises kitchen, lounge, 2

bedrooms and bathroom.


PRICE

The property is offered on a freehold basis, subject to

the existing tenancies, at a guide price of £195,000.

It is understood that VAT is not applicable on

this property.


BUSINESS RATES

According to the Valuation Office Agency website, the

commercial premises has a current 2017 rateable

value of £7,500. The residential flat is assessed for

Council Tax in Band B. Interested parties are advised

to direct further enquiries to the local authority.

For Sale
£145,000

138 Town Street, Pudsey

1 bedroom - Mixed Use

LOCATION

The property is located fronting Town Street within an

established parade of similar properties. This location

is slightly to the east of Stanningley centre and

provides excellent and easy access to the A647

Stanningley Bypass.


DESCRIPTION

The property comprises a mid-terraced 3-storey

building with office/retail space at ground and lower

ground floor, and a separately-accessed selfcontained

1-bedroom flat over first and second floors.

The property also benefits from a single detached

garage to the rear.


ACCOMMODATION

Measured in accordance with the RICS Property

Measurement Standards, the commercial element of

the property provide the following approximate net

internal areas:-

Lower Ground Floor 355 sq ft (32.9m²)

Ground Floor 372 sq ft (34.6m²)

Total 727 sq ft (67.5m²)

The upper floor flat comprises entrance lobby, stairs

to first floor landing with lounge, kitchen with

integrated over, hob and extractor and bathroom with

separate shower unit. Stairs then lead to a double

bedroom in a converted attic space.


TERMS

The property for sale on a freehold basis subject to an

existing lease of the ground/lower ground floors at a

current passing rental of £4,750 p.a. The 1-bedroom

upper floor flat is currently vacant. It is offered at a

guide price of £145,000. It is understood that VAT

is not applicable on this property.


BUSINESS RATES

According to the Valuation Office Agency website, the

commercial element has a current 2017 Rateable

Value of £4,100. The flat has a current Council Tax

banding of A. Interested parties are advised to direct

further enquiries to the local authority.

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.

To Let
£90,000 PA

Unit 7 Hunslet Trading Estate Leeds, Leeds

Light Industrial

The property comprises a large detached industrial unit with allocated parking and ample loading via two large concertina steel loading doors. The property contains quality 2-storey offices at the western end and there is a substantial mezzanine area within the main workshop providing additional floorspace.

Features:

LOCATION

Situated in an estate of similar units, just off Hunslet Road, the property is conveniently located for transport links to the M1/M621 and hence the national motorway network beyond.

 

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:

 

ground floor                 19,173 sq ft (1781.2m²)

mezzanine                   9,856 sq ft (915.7m²)

first floor office             1,459 sq ft (143.9m²)

total                             30,578 sq ft (2840.7m²)

 

TERMS

The property available to let on a full repairing and insuring lease for a minimum term of 3 years at a rental of £90,000 p.a.

 

BUSINESS RATES

According to the Valuation Office Agency website, the premises has a current 2010 rateable value of £103,000.  Interested parties are advised to direct further enquiries to the local authority.

 

VIEWING/FURTHER INFORMATION

For further information or to arrange a viewing, please contact Simon Dalingwater on 0113 239 5777 ([email protected]) or Tom Gillson on 0113 239 5778 ([email protected]).

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