Freehold Industrial Ground Rent Investment
Freehold Industrial Ground Rent Investment
The property is situated 1.3 miles west of Leeds City Centre in a popular industrial/office area as well as being directly opposite Armley Road Retail park with occupiers including Lidl, B&M and Farm Foods.
Phase 2 is situated on the North side of Armley Road (A647).
Site 6 is situated to the West of Gloucester Terrace.
Site 7 is situated on the corner of Canal Road and Pickering Street.
Freehold.
The property is situated 1.3 miles west of Leeds City Centre in a popular industrial/office area as well as being directly opposite Armley Road Retail park with occupiers including Lidl, B&M and Farm Foods.
Phase 2 is situated on the North side of Armley Road (A647).
Site 6 is situated to the West of Gloucester Terrace.
Site 7 is situated on the corner of Canal Road and Pickering Street.
Freehold.
The property comprises three separate sites totalling 0.96 Ha (2.37 Acres).
Phase 2 is currently occupied by a terrace of trade counter and light industrial units.
Site 6 is currently occupied by a terrace of multi-let industrial.
Site 7 comprises a workshops and lockup unit.
VAT is applicable to this lot.
Postal Address: 150 Armley Road, Leeds Units 1-3 Gloucester Court, Leeds Units 8 & 8a Pickering Street, Leeds
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises three separate sites totalling 0.96 Ha (2.37 Acres).
Phase 2 is currently occupied by a terrace of trade counter and light industrial units.
Site 6 is currently occupied by a terrace of multi-let industrial.
Site 7 comprises a workshops and lockup unit.
VAT is applicable to this lot.
Postal Address: 150 Armley Road, Leeds Units 1-3 Gloucester Court, Leeds Units 8 & 8a Pickering Street, Leeds
The EPC will be available to view online in the solicitor’s legal pack.
| Address | Tenant | Term | Rent p.a.x. | Reversion |
|---|---|---|---|---|
| Phase 2 Armley Road | PREMIER FARNELL PENSION FUNDING SCOTTISH LIMITED PARTNERSHIP | 125 years from 12/03/1988 | Peppercorn |
11/03/2113 |
| Site 6 Armley Road | PARK LANE PROPERTIES (LEEDS) | 125 years from 19/07/1989 | Peppercorn |
18/07/2114 |
| Site 7 Armley Road | INDIVIDUAL | 125 years from 30/04/1992 | Peppercorn |
29/04/2117 |
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.
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