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AGENT'S DETAILS


Millshaw Court

For sale: £12,100,000.00|81043 Sq Ft|Office, Other, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£12,100,000.00
SIZE81043 Sq Ft
ADDRESSMillshaw Court, Global Avenue, Leeds, LS11 8AN
TYPEOffice, Other, Offices, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON3rd September 2020

DESCRIPTION

Key Points

  • High quality, self-contained office building totalling 81,043 sq ft of accommodation with 355 car parking spaces
  • Excellent location within 3 miles of Juntion 29 of the M62 motorway and 0.5 miles from Junction 1 of the M621 motorway
  • Freehold
  • Let to the 5A1 covenant of Barclays Services Ltd
  • Reversionary lease terminating May 2022 with a tenant break in November 2021
  • Current rent of £1,292,500 per annum
  • Redevelopment potential to residential permitted development upon lease expiry
  • Approved permitted development for 142 apartments
  • Summary

    Prime Single-Let Office Investment let to Barclays Services Ltd with Permitted Development Rights

    LOCATION

    Location: Millshaw Court, Global Avenue, Leeds, LS11 8AN

    Cottingley (0.4 miles)

    Morley (1.4 miles)

    Leeds (2.3 miles)

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