Manchester, Leeds Bradford and East Midlands Airports
Situation
The property forms part of Phase II of the Callflex Business Park totalling 6.47 hectares (16 acres) approximately 7.75 miles from Junction 36 of M1 motorway. Other major occupiers in the area include Next, Telecom Services Centres, Yorkshire Forward, Powergen, Ikea, E.ON and Royal Mail.
Manchester, Leeds Bradford and East Midlands Airports
Situation
The property forms part of Phase II of the Callflex Business Park totalling 6.47 hectares (16 acres) approximately 7.75 miles from Junction 36 of M1 motorway. Other major occupiers in the area include Next, Telecom Services Centres, Yorkshire Forward, Powergen, Ikea, E.ON and Royal Mail.
Tenure
Leasehold.
Description
A MODERN TWO STOREY OFFICE BUILDING forming an L-shape accessed via a large three storey glass atrium. The accommodation benefits from suspended ceilings, recessed lighting, ventilation ducting, raised floors and an 8-person passenger lift. In addition, there is parking for approximately 144 cars. A new 115 year lease is to be granted from 27th May 2010 expiring on 5th March 2125 at a fixed rent of ?100 per annum. VATVAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
A MODERN TWO STOREY OFFICE BUILDING forming an L-shape accessed via a large three storey glass atrium. The accommodation benefits from suspended ceilings, recessed lighting, ventilation ducting, raised floors and an 8-person passenger lift. In addition, there is parking for approximately 144 cars. A new 115 year lease is to be granted from 27th May 2010 expiring on 5th March 2125 at a fixed rent of ?100 per annum. VATVAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground Ground First
Office Reception Office
1,483.46 sq m 111.63 sq m 1,483.46 sq m
(15,967 sq ft) (1,202 sq ft) (15,967 sq ft)
TRILLIUM (PRIME) PROPERTY GP LTD (sub-let to THE DEPARTMENT FOR WORKS AND PENSIONS (DWP)
From 03/01/2003 until 31/03/2018
£343,486
03/01/2008 and 5 yearly
Totals
3,078.55 sq m
(33,136 sq ft)
£343,486
(1) For the year ending 31/03/2009 Trillium (Prime) Property GP Ltd reported a turnover of ?331,182,000 pre-tax profits of ?112,679,000 and a net worth of ?253,915,000. (Source: www.riskdisk.com)
Contacts
Seller's Solicitors
Sherrards Solicitors 45 Grosvenor Road St Albans Hertfordshire AL1 3AW
