Phase 1, North Street Leeds LS7 1AH

  • Phase 1, North Street<br>Leeds<br>LS7 1AH

Phase 1, North Street
Leeds
LS7 1AH

Freehold Industrial Ground Rent Investment

  • Site area of approx. 0.32 Ha (0.78 Acres) providing a substantial warehouse building
  • Entirely let to Northern Bloc Ltd until May 2104
  • Important rent review in May 2029 and 10 yearly thereafter
  • Less than half a mile north of Leeds City Centre
  • Well located to A64(M), A58(M), A61 and A58
  • Lot
    18
  • Auction
    29th October 2026
  • Rent
    £16,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    £375,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College
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Freehold Industrial Ground Rent Investment

  • Site area of approx. 0.32 Ha (0.78 Acres) providing a substantial warehouse building
  • Entirely let to Northern Bloc Ltd until May 2104
  • Important rent review in May 2029 and 10 yearly thereafter
  • Less than half a mile north of Leeds City Centre
  • Well located to A64(M), A58(M), A61 and A58
  • Lot 18
  • Auction 29th October 2026
  • Rent £16,000 per Annum Exclusive
  • Status Available
  • Guide* £375,000
  • Sector
    Industrial Ground Rent
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College

Property Information

Location
Miles
0.5 miles north east of Leeds City Centre
Roads
A64 (M), A58 (M), A58, A61
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation

The property is located less than half a mile north of Leeds City Centre in a well established industrial and office location. The property is situated on the east side of North Street, close to its junctions with A58 and A61 and in turn the A64 (M) and A58 (M)

Tenure

Freehold.

Location
Miles
0.5 miles north east of Leeds City Centre
Roads
A64 (M), A58 (M), A58, A61
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation

The property is located less than half a mile north of Leeds City Centre in a well established industrial and office location. The property is situated on the east side of North Street, close to its junctions with A58 and A61 and in turn the A64 (M) and A58 (M)

Tenure

Freehold.

Description

The property comprises a site area of approximately 0.32 Ha (0.78 Acres) upon which sits a substantial industrial warehouse of approximately 1,674.18 sq m (18,020 sq ft) (www.voa.gov.uk) together with associated car parking areas.

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 a site area of approximately 0.32 Ha (0.78 Acres) upon which sits a substantial industrial warehouse of approximately 1,674.18 sq m (18,020 sq ft) (www.voa.gov.uk) together with associated car parking areas.

VAT

VAT is applicable to this lot.

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. Rent Review
0.31 (0.78) NORTHERN BLOC LTD 125 years from 21/05/1979
until 20/05/2104
£16,000
21/05/2029
and 10 yearly thereafter
(1)

(1) The rent is reviewable to 16% of the open market rental value of the land and buildings.

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
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Archie MartineArchie Martine +44 (0)20 7034 4858 +44 (0)7377 803 408archie.martine@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  Ella Barnes 01223 659 009Ella.Barnes@mills-reeve.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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