93 Wellington Road, 103-115 Wellington Road and Land and Buildings on the South Side of Milnes Street Leeds West Yorkshire LS12 1DX

  • 93 Wellington Road, 103-115 Wellington Road<br>and Land and Buildings on the South Side of Milnes Street<br>Leeds<br>West Yorkshire<br>LS12 1DX

93 Wellington Road, 103-115 Wellington Road
and Land and Buildings on the South Side of Milnes Street
Leeds
West Yorkshire
LS12 1DX

Freehold Industrial Ground Rent Investment

  • Two separate sites totalling 0.69 ha (1.72 acres)
  • Provides 7 industrial units let to 5 tenants
  • Lease expiries from January 2052
  • Important rent reviews in December 2027 and June 2028
  • Established industrial area 1.1 miles south west of Leeds City Centre
  • Lot
    8
  • Auction
    11th December 2025
  • Rent
    £29,600 per Annum Exclusive
  • Status
    Sold
  • Price
    £625,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College
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Freehold Industrial Ground Rent Investment

  • Two separate sites totalling 0.69 ha (1.72 acres)
  • Provides 7 industrial units let to 5 tenants
  • Lease expiries from January 2052
  • Important rent reviews in December 2027 and June 2028
  • Established industrial area 1.1 miles south west of Leeds City Centre
  • Lot 8
  • Auction 11th December 2025
  • Rent £29,600 per Annum Exclusive
  • Status Sold
  • Price £625,000
  • Sector
    Industrial, Ground Rent
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College

Property Information

Location
Miles
1 mile south west of Leeds City Centre
Roads
A58, A643, M621
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated on the south side of Wellington Road close to its junction with the A58 and 1 mile south west of Leeds City Centre.

Tenure

Freehold.

Location
Miles
1 mile south west of Leeds City Centre
Roads
A58, A643, M621
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated on the south side of Wellington Road close to its junction with the A58 and 1 mile south west of Leeds City Centre.

Tenure

Freehold.

Description

The property comprises two separate sites with a total approximate site area of 0.69 ha (1.72 acres), providing 7 industrial units.

VAT

VAT is applicable to this lot.

Note

Postal Address: 93 Wellington Road, 103 to 115 Wellington Road (odd numbers) and Land and buildings on the South side of Milnes Street, Leeds, LS12 1DX

EPC

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

Description

The property comprises two separate sites with a total approximate site area of 0.69 ha (1.72 acres), providing 7 industrial units.

VAT

VAT is applicable to this lot.

Note

Postal Address: 93 Wellington Road, 103 to 115 Wellington Road (odd numbers) and Land and buildings on the South side of Milnes Street, Leeds, LS12 1DX

EPC

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

Tenancy & Accommodation

Unit Use Site Area Approx. Ha Site Area Approx. (Acres) Tenant Term Rent p.a.x. Rent Review Reversion
Site 1, 2 & 7 Industrial 0.18 (0.45) AL-MURAD MANAGEMENT LTD 125 years from 26/06/1998
£12,600
26/06/2028 and 10 yearly thereafter
 25/06/2123
Site 4 Industrial 0.23 (0.56) FORMIDABLE CAPITAL ASSETS LTD 125 years from 18/12/1997
£15,750
18/12/2027 and 10 yearly thereafter
 17/12/2122
Site 5 Industrial 0.09 (0.24) GEORGE SPENCE & SONS LTD 125 years from 01/03/1977
£50
-
 28/02/2102
Site 6 Industrial 0.16 (0.40) ST PAULS STREET (INVESTMENTS) LTD 125 years from 01/05/1982
Peppercorn
-
 30/04/2107
Site 8 Industrial 0.03 (0.07) INDIVIDUAL 85 years from 01/02/1967
£1,200
-
 31/01/2052
Total   0.69 (1.72)    
£29,600
    

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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Mills & Reeve LLP Botanic House 100 Hills Road
Cambridge
CB2 1PH
Federico Baglioni 01223 659 009Federico.Baglioni@mills-reeve.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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