£2,695,000
(£63.29/sq. ft)
Property for saleAlumex Works, Water Lane, Halifax, West Yorkshire HX3
42,579 sq. ft
About this property
High yielding industrial investment, located approximately 1 mile south of Halifax town centre
Industrial and trade complex comprising 42,579 sq ft, plus car park and open storage compounds, totalling approximately 1.60 acres.
5.21 acres with a low site cover of 19%
Freehold
Fully let to four tenants, currently producing £229,360 pa
Guaranteed rental performance through fixed uplifts increasing to £261,360 pa over the next 3 years
Attractive WAULT of 6.3 years to expiries (5.0 years to breaks)
First time the asset has been brought to market in over 40 years
The original industrial accommodation, occupied by Heywood Roof Truss, comprises predominantly open-plan manufacturing and warehouse space, with excellent internal eaves height, steel truss roofing and roller shutter loading access. Unit 1 (a-d) provides modern trade counter and warehouse accommodation, fitted to a good standard, including glass frontage, office accommodation and dedicated loading provision with roller shutter doors. Externally, the property benefits from extensive concrete and tarmac surfaced yard areas utilised for storage, servicing and car parking. The wider estate also incorporates a substantial dedicated parking compound, adjacent to the railway line.
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£13,481 per month
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