Elder Road Leeds West Yorkshire LS13 4AT

Elder Road
Leeds
West Yorkshire
LS13 4AT

Freehold Industrial Ground Rent Investment

Let to K J Shortis Ltd until April 2115
7 yearly rent reviews to Open Market Ground Rental Value (next due in 2025)
Site Area of approx. 0.19 Ha (0.47 Acres)
Workshop building of 358.22 sq. m. (3,855 sq. ft.) upon the site
Prominent roadside location

Lot
25
Auction
7th November 2024
Rent
£11,904 per Annum Exclusive
Status
Sold
Price
£270,000
Auction Venue
Live Streamed Auction
On Behalf of a Cambridge College

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Freehold Industrial Ground Rent Investment

Let to K J Shortis Ltd until April 2115
7 yearly rent reviews to Open Market Ground Rental Value (next due in 2025)
Site Area of approx. 0.19 Ha (0.47 Acres)
Workshop building of 358.22 sq. m. (3,855 sq. ft.) upon the site
Prominent roadside location

Lot 25
Auction 7th November 2024
Rent £11,904 per Annum Exclusive
Status Sold
Price £270,000
Sector
Ground Rent
Auction Venue
Live Streamed Auction
On Behalf of a Cambridge College

Property Information

Location

Miles: 3.5 miles west of Leeds City Centre
Roads: A647 (ring road)
Rail: Bramley Railway Station, Leeds Railway Station
Air: Leeds Bradford Airport

Situation

The property is located 3.5 miles west of Leeds City Centre, on the north side of Elder Road, with a prominent frontage onto Swinmow Road and Stanningley Road and benefits from being some 100 metres from Bramley Railway Station. The immediate vicinity comprises light industrial and high density residential area.

Tenure

Freehold.

Location

Miles: 3.5 miles west of Leeds City Centre
Roads: A647 (ring road)
Rail: Bramley Railway Station, Leeds Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a site of approximately 0.19 Ha (0.47 Acres) upon which sits a single storey workshop/car showroom of approximately 358.22 sq. m. (3,855 sq. ft.) (1)

VAT

VAT is applicable to this lot.

Note

Postal Address: 487 Stanningley Road, Leeds

EPC

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

Description

The property comprises a site of approximately 0.19 Ha (0.47 Acres) upon which sits a single storey workshop/car showroom of approximately 358.22 sq. m. (3,855 sq. ft.) (1)

VAT

VAT is applicable to this lot.

Note

Postal Address: 487 Stanningley Road, Leeds

EPC

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

Tenancy & Accommodation

Site Area Approx. Ha	Site Area Approx. Acres	Tenant	Term	Rent p.a.x.	Review	Reversion
0.19	(0.47)	K J SHORTIS LTD	125 years from 25/04/1990	£11,904	24/04/2025 and 7 yearly therafter	24/04/2115

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.