Comprises 3 separate sites totalling 0.96 Ha (2.37 Acres)
Sites provide industrial/trade counter and retail accommodation
Let on 3 long leases
Prominent road side location (A647)
Lot 13
Auction 7th November 2024
Status Available
Guide* £9,000 - £10,000
Sector Ground Rent
Auction Venue Live Streamed Auction
On Behalf of a Cambridge College
Property Information
Location
Miles
1.3 miles west of Leeds City Centre
Roads
A58, M621, A647
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation
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.
Tenure
Freehold.
Location
Miles
1.3 miles west of Leeds City Centre
Roads
A58, M621, A647
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation
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.
Tenure
Freehold.
Description
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
VAT is applicable to this lot.
Note
Postal Address: 150 Armley Road, Leeds
Units 1-3 Gloucester Court, Leeds
Units 8 & 8a Pickering Street, Leeds
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
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
VAT is applicable to this lot.
Note
Postal Address: 150 Armley Road, Leeds
Units 1-3 Gloucester Court, Leeds
Units 8 & 8a Pickering Street, Leeds
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
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.