Antler Complex, Bruntcliffe Way Morley Business Park Morley, Leeds West Yorkshire LS27 0JG

Antler Complex, Bruntcliffe Way
Morley Business Park
Morley, Leeds
West Yorkshire
LS27 0JG

Freehold Office Park Investment

Tenants include Ricoh Europe ASP Ltd, Amey plc and Warranties Direct Ltd
Situated on established office and business park location
Comprises 1 detached and 8 semi-detached office buildings
Approximately 2,465.85 sq m (26,542 sq ft)
Car parking for approximately 100 cars, providing a car parking ratio of 1:265
Future redevelopment potential (subject to consents)

Lot
10
Auction
23rd October 2014
Rent
£274,840 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Office Park Investment

Tenants include Ricoh Europe ASP Ltd, Amey plc and Warranties Direct Ltd
Situated on established office and business park location
Comprises 1 detached and 8 semi-detached office buildings
Approximately 2,465.85 sq m (26,542 sq ft)
Car parking for approximately 100 cars, providing a car parking ratio of 1:265
Future redevelopment potential (subject to consents)

Lot 10
Auction 23rd October 2014
Rent £274,840 per Annum Exclusive
Status Sold Post
Price
Sector
Office
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 5 miles south-west of Leeds City Centre 7 miles south-east of Bradford; 29 miles south-west of York
Roads: A643, M62 (Junction 27), M621 (Junction 27)
Rail: Morley Railway Station
Air: Leeds Bradford Airport

Situation

Morley Business Park is some 5 miles south-west of Leeds city centre, strategically located adjacent to both the M62 and M621 Motorways. The property is situated on Bruntcliffe Way, off Bruntcliffe Lane (A643), within the established Morley Business Park, a well located commercial centre. Nearby occupiers include Santander and Travelodge.

Tenure

Freehold.

Location

Miles: 5 miles south-west of Leeds City Centre 7 miles south-east of Bradford; 29 miles south-west of York
Roads: A643, M62 (Junction 27), M621 (Junction 27)
Rail: Morley Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Freehold.

Description

The property comprises an office park of 1 detached and 8 self-contained semidetached office buildings. The property benefits from a site area of approximately 0.75 hectares (1.85 acres) providing car parking for approximately 100 cars. The accommodation benefits from double glazing, suspended ceilings, recessed lighting, perimeter trunking and central heating.

VAT

VAT is applicable to this lot.

EPC

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

Description

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Unit 1	Ground First	Office	153.29 sq m 162.95 sq m	(1,650 sq ft) (1,754 sq ft)	VACANT POSSESSION
Unit 1A	Ground First	Office	159.60 sq m 162.40 sq m	(1,718 sq ft) (1,748 sq ft)	ERBE MEDICAL UK LTD	10 years from 16/04/2007 (1)	£46,340	15/04/2017
Unit 2	Ground First	Office	96.70 sq m 98.90 sq m	(1,041 sq ft) (1,065 sq ft)	WARRANTIES DIRECT LTD	From 13/09/2013	£25,000	30/11/2016
Unit 2A	Ground First	Office	96.70 sq m 98.90 sq m	(1,041 sq ft) (1,065 sq ft)	AMEY PLC (2)	25 years from 24/06/1990	£27,000	23/06/2015
Unit 3	Ground First	Office	91.23 sq m 97.36 sq m	(982 sq ft) (1,048 sq ft)	VACANT POSSESSION
Unit 3A	Ground First	Office	96.70 sq m 98.90 sq m	(1,041 sq ft) (1,065 sq ft)	RICOH EUROPE ASP LTD 2 (3)	25 years from 24/06/1990	£26,750	23/06/2015
Unit 4	Ground First	Office	204.96 sq m 207.26 sq m	(2,206 sq ft) (2,231 sq ft)	WHITEGATES (HOLDINGS) LTD	25 years from 25/03/1990	£51,750	24/03/2015
Unit 5	Ground First	Office	155.00 sq m 162.70 sq m	(1,668 sq ft) (1,751 sq ft)	CGI IT UK LTD (4) (5)	25 years from 25/03/1991	£49,000	24/03/2016
Unit 5A	Ground First	Office	159.60 sq m 162.70 sq m	(1,717 sq ft) (1,751 sq ft)	CGI IT UK LTD (4) (5)	25 years from 25/03/1991	£49,000	24/03/2016
Totals			2,465.85 sq m	(26,542 sq ft)			£274,840

(1) The lease is subject to a schedule of condition.
(2) For the year ending 17/12/2013, Amey Plc reported pre-tax profits of £68,088,000 and a total net worth of £215,975,000. (Source: www.riskdisk.com 19/08/2014).
(3) The tenant is not currently in occupation.
(4) For the year ending 30/09/2013, CGI IT UK Limited reported a turnover of £573,435,000, pre-tax profits of £52,860,000 and a total net worth of £611,664,000.
(Source: www.riskdisk.com 19/08/2014).
(5) The tenant is not currently in occupation.