3100 Thorpe Park Century Way Leeds West Yorkshire LS15 8ZB

3100 Thorpe Park
Century Way
Leeds
West Yorkshire
LS15 8ZB

Prime Office Investment situated in High Profile Business Park

Entirely let to Atkins Ltd until 2018
Approximately 2,273.13 sq m (24,470 sq ft) of Grade A office space
Excellent car parking ratio of 1:229 per sq ft
Situated adjacent to Junction 46 of the M1 with good public transport facilities
Nearby occupiers include IBM, GE Energy Services, Total Gas & Power, Coors Brewers Ltd and Leeds University
Six Week Completion Period Available

Lot
24
Auction
24th May 2012
Rent
£409,375 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of R Stokely and H L Dorins as Joint LPA Receivers

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Prime Office Investment situated in High Profile Business Park

Entirely let to Atkins Ltd until 2018
Approximately 2,273.13 sq m (24,470 sq ft) of Grade A office space
Excellent car parking ratio of 1:229 per sq ft
Situated adjacent to Junction 46 of the M1 with good public transport facilities
Nearby occupiers include IBM, GE Energy Services, Total Gas & Power, Coors Brewers Ltd and Leeds University
Six Week Completion Period Available

Lot 24
Auction 24th May 2012
Rent £409,375 per Annum Exclusive
Status Sold Prior
Price
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of R Stokely and H L Dorins as Joint LPA Receivers

Property Information

Location

Miles: 195 miles north of London, 44 miles north-east of Manchester, 33 miles north of Sheffield, 9 miles east of Leeds city centre
Roads: M621, M1 (Junction 46), M62 (Junction 27)
Rail: Leeds City Station
Air: Leeds/Bradford Airport (7 miles north-west)

Situation

The property is situated in a highly visible position on the eastern side of Century Way, the main route through the centre of Thorpe Park, providing direct access to the A63 (Selby Road) and the M1 (Junction 46). Situated 9 miles to the east of Leeds city centre, Thorpe Park is one of the top business parks in the UK. Notable occupiers including IBM, GE Energy Services, Total Gas & Power Limited and Leeds Partnerships NHS Foundation Trust.

Tenure

Virtual Freehold. Held from Thorpe Park Developments Ltd for a term of 999 years from 1st January 2003 at a peppercorn rent

Location

Miles: 195 miles north of London, 44 miles north-east of Manchester, 33 miles north of Sheffield, 9 miles east of Leeds city centre
Roads: M621, M1 (Junction 46), M62 (Junction 27)
Rail: Leeds City Station
Air: Leeds/Bradford Airport (7 miles north-west)

Situation

Tenure

Virtual Freehold. Held from Thorpe Park Developments Ltd for a term of 999 years from 1st January 2003 at a peppercorn rent

Description

The property comprises a two storey detached modern office building benefiting from fully raised floors, suspended ceilings, LG3 lighting, air conditioning and male, female and disabled WCs with shower facilities. The property also benefits from 107 parking spaces providing an excellent parking ratio of 1:229 per sq ft.

Note
This property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.

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

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Ground (East) Ground (West) First (East) First (West)	Reception Office Office Office Office	95.62 sq m 405.69 sq m 633.58 sq m 507.04 sq m 631.20 sq m	(1,030 sq ft) (4,367 sq ft) (6,819 sq ft) (5,460 sq ft) (6,794 sq ft)	ATKINS LTD(formerly WS Atkins(Services) Limited) (1)(2)	12 years and 3 months from 05/04/2006 until 07/08/2018 on a full repairing and insuring lease	£409,375	08/08/2013
Totals		2,273.13 sq m	(24,470 sq ft)			£409,375

(1) For the year ending 31st March 2011, Atkins Ltd reported a turnover of £844,100,000, pre-tax profits of £25,300,000 and a net worth of £94,000,000 (www.riskdisk.com 26/04/2012). Atkins is the UK’s largest engineering design consultancy and was established in 1938 (www.atkinsglobal.com).
(2)The tenant is not currently in occupation of the entire building and is in the process of sub-letting part of the ground floor.