Let to Northern Powergrid (Yorkshire) PLC until March 2048
Important Reversion in approx. 24 years
Site of 0.22 Ha (0.54 Acres)
Electrical Substation upon the site
Well established business park location
Situated adjacent to A6120 (Ring Road W Park)
Fixed Rental Income
Lot 40
Auction 7th November 2024
Rent £175 per Annum Exclusive
Status Available
Guide* £30,000
Sector Ground Rent
Auction Venue Live Streamed Auction
On Behalf of a Cambridge College
Property Information
Location
Miles
3.75 miles north west of Leeds City Centre
Roads
A6120, A660
Rail
Kirkstall Forge Railway Station
Air
Leeds Bradford Airport
Situation
The property is located on the west side of Clayton Wood Close, a popular office and industrial park just off the A6120 (Ring Road) immediately adjacent to a 299 home Taylor Wimpey development scheme. The property is situated 3.75 miles north west of Leeds City Centre and 2.1 miles south east of Leeds Bradford Airport. Neighbouring occupiers include McDonalds, Costa Coffee, NHS Leeds CCG and a number of vehicle showrooms/garages and distribution facilities.
Tenure
Freehold.
Location
Miles
3.75 miles north west of Leeds City Centre
Roads
A6120, A660
Rail
Kirkstall Forge Railway Station
Air
Leeds Bradford Airport
Situation
The property is located on the west side of Clayton Wood Close, a popular office and industrial park just off the A6120 (Ring Road) immediately adjacent to a 299 home Taylor Wimpey development scheme. The property is situated 3.75 miles north west of Leeds City Centre and 2.1 miles south east of Leeds Bradford Airport. Neighbouring occupiers include McDonalds, Costa Coffee, NHS Leeds CCG and a number of vehicle showrooms/garages and distribution facilities.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.22 Ha (0.54 Acres) upon which sits an electrical substation.
VAT
VAT is applicable to this lot.
Note
Postal Address: Electricity Substation, Clayton Wood Rise, Leeds
Description
The property comprises a site of approximately 0.22 Ha (0.54 Acres) upon which sits an electrical substation.
VAT
VAT is applicable to this lot.
Note
Postal Address: Electricity Substation, Clayton Wood Rise, Leeds
Tenancy & Accommodation
Site Area Approx. Ha
Site Area Approx. Acres
Tenant
Term
Rent p.a.x.
Reversion
0.22
(0.54)
NORTHERN POWERGRID (YORKSHIRE) PLC
85 years from 18/03/1963
£175
17/03/2048
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.
