Sites 1 & 2 Torre Road Leeds West Yorkshire LS9 7QL

  • Sites 1 & 2 Torre Road<br>Leeds<br>West Yorkshire<br>LS9 7QL

Sites 1 & 2 Torre Road
Leeds
West Yorkshire
LS9 7QL

Freehold Industrial Ground Rent Investment

  • Large site of approx. 1.5 Ha (3.70 Acres)
  • Let to MLI No.1 Propco Ltd and Al-Murad Management Ltd
  • Industrial buildings with a total footprint of approximately 65,000 sq. ft. (6,038.69 sq. m.) upon the site
  • Prominent Roadside location
  • Lot
    42
  • Auction
    7th November 2024
  • Rent
    £4,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    £75,000
  • Sector
    Ground Rent
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College
  • Expand
  • Photos
  • Map

Freehold Industrial Ground Rent Investment

  • Large site of approx. 1.5 Ha (3.70 Acres)
  • Let to MLI No.1 Propco Ltd and Al-Murad Management Ltd
  • Industrial buildings with a total footprint of approximately 65,000 sq. ft. (6,038.69 sq. m.) upon the site
  • Prominent Roadside location
  • Lot 42
  • Auction 7th November 2024
  • Rent £4,000 per Annum Exclusive
  • Status Available
  • Guide* £75,000
  • Sector
    Ground Rent
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Cambridge College

Property Information

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

The property is situated on the north side of Torre Road with a frontage also to Lupton Avenue. The property is situated adjacent to the A64 (York Road) and 1.7 miles east of Leeds City Centre. The immediate vicinity comprises light industrial and high density residential area.

Tenure

Freehold.

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

The property is situated on the north side of Torre Road with a frontage also to Lupton Avenue. The property is situated adjacent to the A64 (York Road) and 1.7 miles east of Leeds City Centre. The immediate vicinity comprises light industrial and high density residential area.

Tenure

Freehold.

Description

The property comprises a site of approximately 1.50 Ha (3.70 Acres) upon which sits a collection of industrial buildings with a footprint totalling approximately 65,000 sq. ft.

VAT

VAT is applicable to this lot.

Note

Postal Address: Eagle Industrial Estate, Torre Road, Leeds Apollo Trade Centre, Lupton Avenue, Leeds

EPC

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

Description

The property comprises a site of approximately 1.50 Ha (3.70 Acres) upon which sits a collection of industrial buildings with a footprint totalling approximately 65,000 sq. ft.

VAT

VAT is applicable to this lot.

Note

Postal Address: Eagle Industrial Estate, Torre Road, Leeds Apollo Trade Centre, Lupton Avenue, Leeds

EPC

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

Tenancy & Accommodation

Unit Tenant Term Rent p.a.x. Review Reversion
Site 1 MLI NO. 1 PROPCO LIMITED 125 years from 25/02/1999
£4,000
21/01/2025 and 5 yearly thereafter (1) 24/02/2124
Site 2 AL-MURAD MANAGEMENT LIMITED 125 years from 25/01/1991
Peppercorn
- 24/01/2116

(1) RPI Linked Rent Reviews.

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.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    28.10.24
    File Size
    81 MB
    Login to View
  • Brochure
    Updated Date
    22.10.24
    File Size
    6 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Mills & Reeve LLP Botanic House 100 Hills Road
Cambridge
CB2 1PH
Michelle Cookson +(44)(0)1223 222234michelle.cookson@mills-reeve.com  Peter Collins +(44)(0)1223 222234peter.collins@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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