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Sanderson House 22 Station Rd 11,603 SF 100% Leased Office Building Leeds LS18 5NT $1,843,515 ($158.88/SF) 10% Cap Rate
Investment Highlights
- Prime office investment in this thriving Leeds suburb
- 0.44 acre (0.18 hectare) site
- 44 car parking spaces
- Occupies a prominent position fronting Station Road in the centre of Horsforth
- Long established tenants
- 300 yards from Horsforth train station
Executive Summary
Offers in excess of £1,335,000 (one million three hundred and thirty five thousand pounds) subject to contract and exclusive of VAT which would show a purchaser a net initial yield of 10% allowing for the normal costs of acquisition, and a capital value of £99.98 per sq.ft.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
11,603 SF
Building Class
B
Year Built
1998
Price
$1,843,515
Price Per SF
$158.88
Cap Rate
10%
NOI
$184,352
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,868 SF
Building FAR
0.60
Lot Size
0.45 AC
Parking
44 Spaces (3.79 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Accent Lighting
- Storage Space
- Central Heating
- Demised WC facilities
- Drop Ceiling
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Sanderson House | 22 Station Rd
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