Sites 1 and 2, Arthur Street Leeds LS28 6JY

  • Sites 1 and 2, Arthur Street<br>Leeds<br>LS28 6JY

Sites 1 and 2, Arthur Street
Leeds
LS28 6JY

Freehold Industrial Ground Rent Investment

  • Site area of approx. 0.26 Ha (0.64 Acres) providing two workshop and office buildings
  • Let to two tenants until September 2105 and June 2119
  • Important rent reviews in 2028, 2029 and 2030
  • Situated near Ring Road Pudsey (A647)
  • Well established industrial and business location
  • Lot
    31
  • Auction
    29th October 2026
  • Rent
    £15,321 per Annum Exclusive
  • Status
    Available
  • Guide*
    £350,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College
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Freehold Industrial Ground Rent Investment

  • Site area of approx. 0.26 Ha (0.64 Acres) providing two workshop and office buildings
  • Let to two tenants until September 2105 and June 2119
  • Important rent reviews in 2028, 2029 and 2030
  • Situated near Ring Road Pudsey (A647)
  • Well established industrial and business location
  • Lot 31
  • Auction 29th October 2026
  • Rent £15,321 per Annum Exclusive
  • Status Available
  • Guide* £350,000
  • Sector
    Office, Industrial, Ground Rent
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College

Property Information

Location
Miles
4.5 miles west of Leeds City Centre
Roads
A647
Rail
New Pudsey Railway Station, Bramley Railway Station
Air
Leeds Bradford Airport
Situation

The property is located 4.5 miles west of Leeds City Centre in the Pudsey Suburb. The property is situated on the south side of Arthur Street with frontages onto Town Street (B6157) in a well established industrial and business location close to the Ring Road Pudsey (A647).

Tenure

Freehold.

Location
Miles
4.5 miles west of Leeds City Centre
Roads
A647
Rail
New Pudsey Railway Station, Bramley Railway Station
Air
Leeds Bradford Airport
Situation

The property is located 4.5 miles west of Leeds City Centre in the Pudsey Suburb. The property is situated on the south side of Arthur Street with frontages onto Town Street (B6157) in a well established industrial and business location close to the Ring Road Pudsey (A647).

Tenure

Freehold.

Description

The property comprises a site of approximately 0.26 Ha (0.64 Acres) upon which sit an office/warehouse building and a separate workshop together with associated car parking areas. The buildings have a total approximate floor area of 769.09 sq m (8,278 sq ft) (www.voa.gov.uk).

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 of approximately 0.26 Ha (0.64 Acres) upon which sit an office/warehouse building and a separate workshop together with associated car parking areas. The buildings have a total approximate floor area of 769.09 sq m (8,278 sq ft) (www.voa.gov.uk).

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 Site Area Ha Site Area (Acres) Tenant Term Rent p.a.x. Review
Site 1 0.136 (0.34) LION COMMERCIAL PROPERTY LTD 125 years from 12/09/1980
until 11/09/2105
£8,000
11/09/2030
and 10 yearly thereafter
(1)
Site 1 0.00 (0.00) LION COMMERCIAL PROPERTY LTD 125 years from 12/09/1980
until 11/09/2105
£4,690
19/09/2029
and 5 yearly thereafter
(2)
Site 2 0.122 (0.30) INDIVIDUAL 125 years from 01/07/1994
until 30/06/2119
£2,631
25/03/2028
and 10 yearly thereafter
(2)
Total 0.26 (0.64)    
£15,321
 

(1) The rent is reviewed to the greater of (i) 19.7% of the rack rental value of the buildings as erected at the commencement date, and (ii) the open market ground rental value of the site assuming it is cleared of buildings, subject to an upward-only provision.
(2) The rent is reviewable to RPI.

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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