Antler Complex, Bruntcliffe Way Morley Business Park Morley, Leeds West Yorkshire LS27 0JG

Antler Complex, Bruntcliffe Way
Morley Business Park
Morley, Leeds
West Yorkshire
LS27 0JG

Freehold Office Park Investment

  • Tenants include Ricoh Europe ASP Ltd, Amey plc and Warranties Direct Ltd
  • Situated on established office and business park location
  • Comprises 1 detached and 8 semi-detached office buildings
  • Approximately 2,465.85 sq m (26,542 sq ft)
  • Car parking for approximately 100 cars, providing a car parking ratio of 1:265
  • Future redevelopment potential (subject to consents)
  • Lot
    10
  • Auction
    23rd October 2014
  • Rent
    £274,840 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
  • Expand
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  • Map

* More information on the term "guide" can be found here

Freehold Office Park Investment

  • Tenants include Ricoh Europe ASP Ltd, Amey plc and Warranties Direct Ltd
  • Situated on established office and business park location
  • Comprises 1 detached and 8 semi-detached office buildings
  • Approximately 2,465.85 sq m (26,542 sq ft)
  • Car parking for approximately 100 cars, providing a car parking ratio of 1:265
  • Future redevelopment potential (subject to consents)
  • Lot 10
  • Auction 23rd October 2014
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
5 miles south-west of Leeds City Centre 7 miles south-east of Bradford
29 miles south-west of York
Roads
A643, M62 (Junction 27), M621 (Junction 27)
Rail
Morley Railway Station
Air
Leeds Bradford Airport
Situation

Morley Business Park is some 5 miles south-west of Leeds city centre, strategically located adjacent to both the M62 and M621 Motorways. The property is situated on Bruntcliffe Way, off Bruntcliffe Lane (A643), within the established Morley Business Park, a well located commercial centre. Nearby occupiers include Santander and Travelodge.

Tenure

Freehold.

Location
Miles
5 miles south-west of Leeds City Centre 7 miles south-east of Bradford
29 miles south-west of York
Roads
A643, M62 (Junction 27), M621 (Junction 27)
Rail
Morley Railway Station
Air
Leeds Bradford Airport
Situation

Morley Business Park is some 5 miles south-west of Leeds city centre, strategically located adjacent to both the M62 and M621 Motorways. The property is situated on Bruntcliffe Way, off Bruntcliffe Lane (A643), within the established Morley Business Park, a well located commercial centre. Nearby occupiers include Santander and Travelodge.

Tenure

Freehold.

Description

The property comprises an office park of 1 detached and 8 self-contained semidetached office buildings. The property benefits from a site area of approximately 0.75 hectares (1.85 acres) providing car parking for approximately 100 cars. The accommodation benefits from double glazing, suspended ceilings, recessed lighting, perimeter trunking and central heating.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises an office park of 1 detached and 8 self-contained semidetached office buildings. The property benefits from a site area of approximately 0.75 hectares (1.85 acres) providing car parking for approximately 100 cars. The accommodation benefits from double glazing, suspended ceilings, recessed lighting, perimeter trunking and central heating.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Unit 1 Ground
First
Office
153.29 sq m
162.95 sq m
(1,650 sq ft)
(1,754 sq ft)
VACANT POSSESSION      
Unit 1A Ground
First
Office
159.60 sq m
162.40 sq m
(1,718 sq ft)
(1,748 sq ft)
ERBE MEDICAL UK LTD 10 years from 16/04/2007 (1) £46,340 15/04/2017
Unit 2 Ground
First
Office
96.70 sq m
98.90 sq m
(1,041 sq ft)
(1,065 sq ft)
WARRANTIES DIRECT LTD From 13/09/2013 £25,000 30/11/2016
Unit 2A Ground
First
Office
96.70 sq m
98.90 sq m
(1,041 sq ft)
(1,065 sq ft)
AMEY PLC (2) 25 years from 24/06/1990 £27,000 23/06/2015
Unit 3 Ground
First
Office
91.23 sq m
97.36 sq m
(982 sq ft)
(1,048 sq ft)
VACANT POSSESSION      
Unit 3A Ground
First
Office
96.70 sq m
98.90 sq m
(1,041 sq ft)
(1,065 sq ft)
RICOH EUROPE ASP LTD 2 (3) 25 years from 24/06/1990 £26,750 23/06/2015
Unit 4 Ground
First
Office
204.96 sq m
207.26 sq m
(2,206 sq ft)
(2,231 sq ft)
WHITEGATES (HOLDINGS) LTD 25 years from 25/03/1990 £51,750 24/03/2015
Unit 5 Ground
First
Office
155.00 sq m
162.70 sq m
(1,668 sq ft)
(1,751 sq ft)
CGI IT UK LTD (4) (5) 25 years from 25/03/1991 £49,000 24/03/2016
Unit 5A Ground
First
Office
159.60 sq m
162.70 sq m
(1,717 sq ft)
(1,751 sq ft)
CGI IT UK LTD (4) (5) 25 years from 25/03/1991 £49,000 24/03/2016
Totals    
2,465.85 sq m
(26,542 sq ft)
    £274,840

(1) The lease is subject to a schedule of condition.
(2) For the year ending 17/12/2013, Amey Plc reported pre-tax profits of £68,088,000 and a total net worth of £215,975,000. (Source: www.riskdisk.com 19/08/2014).
(3) The tenant is not currently in occupation.
(4) For the year ending 30/09/2013, CGI IT UK Limited reported a turnover of £573,435,000, pre-tax profits of £52,860,000 and a total net worth of £611,664,000.
(Source: www.riskdisk.com 19/08/2014).
(5) The tenant is not currently in occupation.

Property Documents

  • Site Plan
    Updated Date
    01.10.14
    File Size
    86 KB
    View PDF
  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Edwards Duthie 9/15 York Road
Ilford
Essex
IG1 3AD
Hilary Green 020 8514 9000hilary.green@edwardsduthie.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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