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Birstall 140, Holden Ing Way, Birstall, WF17 9AD

For sale: £11,100,000.00|139,338 Sq Ft|Distribution Warehouse, General Industrial, Industrial Park, Retail Park, Warehouse, Industrial, Retail

Property details

FOR SALE£11,100,000.00
SIZE139,338 Sq Ft
ADDRESSBirstall 140, Holden Ing Way, Birstall, WF17 9AD
TYPEDistribution Warehouse, General Industrial, Industrial Park, Retail Park, Warehouse, Industrial, Retail
TENUREInvestment Opportunity, Under Offer
POSTED ON9th November 2022

Description

For Sale - Freehold Distribution Warehouse Investment. - Birstall 140 comprises a distribution warehouse investment totalling 139,338 sq ft in a prime location off Junction 27 of the M62, 5 miles west of Leeds City Centre.

The property is let to XL Joinery Limited on a new 10 year lease with an initial rent of £800,000 per annum, reflecting a low £5.75 per sq ft.

The property benefits from: 10 ground level loading doors (6 to the front with canopies and 4 to the rear); 1 dock level door within an enclosed side lean-to; 7m haunch and 10m to apex; high quality showroom and offices with new HVAC and LED lighting; LED lighting throughout the warehouse; warehouse fitted with VESDA (Very Early Smoke Detection Apparatus) and 400KVA power; 4 x EV charging points for staff vehicles; and 17 x forklift charging points.

We have been instructed to invite offers in the region of £11,100,000, subject to contract and exclusive of VAT. A purchase at this level would reflect a NIY of 6.75% and capital value of £79 per sq ft, allowing for usual purchaser costs of 6.70%.

Location

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Location: Birstall 140, Holden Ing Way, Birstall, WF17 9AD

Morley (1.9 miles)

Batley (2.5 miles)

Cottingley (2.9 miles)

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