Sites 1 and 2 Torre Road Leeds West Yorkshire LS9 7QL

Sites 1 and 2 Torre Road
Leeds
West Yorkshire
LS9 7QL

Freehold Industrial Ground Rent Investment

Large site of approx. 1.5 Ha (3.70 Acres)
Let to MLI No.1 Propco Ltd and Al-Murad Management Ltd
Industrial buildings with a total footprint of approximately 65,000 sq. ft. (6,038.69 sq. m.) upon the site
Prominent Roadside location

Lot
42
Auction
7th November 2024
Rent
£4,000 per Annum Exclusive
Status
Sold
Price
£310,000
Auction Venue
Live Streamed Auction
On Behalf of a Cambridge College

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Freehold Industrial Ground Rent Investment

Large site of approx. 1.5 Ha (3.70 Acres)
Let to MLI No.1 Propco Ltd and Al-Murad Management Ltd
Industrial buildings with a total footprint of approximately 65,000 sq. ft. (6,038.69 sq. m.) upon the site
Prominent Roadside location

Lot 42
Auction 7th November 2024
Rent £4,000 per Annum Exclusive
Status Sold
Price £310,000
Sector
Ground Rent
Auction Venue
Live Streamed Auction
On Behalf of a Cambridge College

Property Information

Location

Miles: 1.7 miles east of Leeds City Centre
Roads: A64 (M), A58
Rail: Leeds Railway Station
Air: Leeds Bradford Airport

Situation

The property is situated on the north side of Torre Road with a frontage also to Lupton Avenue. The property is situated adjacent to the A64 (York Road) and 1.7 miles east of Leeds City Centre. The immediate vicinity comprises light industrial and high density residential area.

Tenure

Freehold.

Location

Miles: 1.7 miles east of Leeds City Centre
Roads: A64 (M), A58
Rail: Leeds Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises a site of approximately 1.50 Ha (3.70 Acres) upon which sits a collection of industrial buildings with a footprint totalling approximately 65,000 sq. ft.

VAT

VAT is applicable to this lot.

Note

Postal Address: Eagle Industrial Estate, Torre Road, Leeds Apollo Trade Centre, Lupton Avenue, Leeds

EPC

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

Description

The property comprises a site of approximately 1.50 Ha (3.70 Acres) upon which sits a collection of industrial buildings with a footprint totalling approximately 65,000 sq. ft.

VAT

VAT is applicable to this lot.

Note

Postal Address: Eagle Industrial Estate, Torre Road, Leeds Apollo Trade Centre, Lupton Avenue, Leeds

EPC

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

Tenancy & Accommodation

Unit	Tenant	Term	Rent p.a.x.	Review	Reversion
Site 1	MLI NO. 1 PROPCO LIMITED	125 years from 25/02/1999	£4,000	21/01/2025 and 5 yearly thereafter (1)	24/02/2124
Site 2	AL-MURAD MANAGEMENT LIMITED	125 years from 25/01/1991	Peppercorn	-	24/01/2116

(1) RPI Linked Rent Reviews.

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.