Light industrial for sale in Volvox House, Gelderd Road, Leeds LS12

Offers over £5,200,000 (£85.15/sq. ft)
Light industrial for sale 61,070 sq. ft*
Interested in this property? Call +44 1422 298787 * or Request Details

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Property features

  • Modern industrial building (built 2005) totalling 5,673m2 (61,070 sq ft)
  • Strategically located close to Junction 27 of the M62 Motorway and highly visible from M621 Motorway
  • Let to Ring Automotive Ltd a wholly owned subsidiary of Osram Ltd with a further 6 years unexpired.
  • Passing rent £376,000 pa (£6.15 sq ft)
  • Offers sought in excess of £5,200,000 (Five Million Two Hundred Thousand Pounds) subject to contract and exclusive of VAT
  • Net initial yield 6.82% (6.25% purchaser's costs)

Property description

Volvox House was constructed in 2005 and comprises a modern single storey distribution warehouse with three storey offices and showrooms to the front elevation, with two drive-in loading bays and four dock levelers. It is of portal steel framed construction with rendered block and double skin composite panel cladding and with a glazed and clad office facade to Gelderd Road. The roof configuration is in two hipped bays with double skin profile cladding. The majority of the warehouse floor is solid concrete. The eaves height is 8m. There is an area of suspended concrete slab flooring to the front of the warehouse over the office area at lower ground level. The property incorporates a total of 56 parking spaces, a service yard and landscaped boundaries.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Walker Singleton Commercial, HX1 on +44 1422 298787 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Walker Singleton Commercial, and do not constitute property particulars. Please contact Walker Singleton Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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