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Warehouse Premises, Turnbridge Mills, Old Lee Old Leeds Rd 41,451 SF 56% Leased Industrial Building Huddersfield HD1 1SG $2,068,763 ($49.91/SF) 5.63% Cap Rate
INVESTMENT HIGHLIGHTS
- Part generating investment, part vacant possession
- Future development potential for various uses (subject to planning)
- Includes motor vehicle sales site and showroom/garage occupied by PZ Cars
- Overall site area approximately 1.03 acres
EXECUTIVE SUMMARY
The property comprises a two storey warehouse/factory facility of brick construction beneath dual shallow pitched insulated metal profile sheets roofs, benefitting from concrete floors and 3 phase electricity supply. New independent supplies will be provided. The accommodation is arranged over two levels, with the first floor income producing and ground floor available with vacant possession.
PROPERTY FACTS
| Price | $2,068,763 | Lot Size | 1.07 AC |
| Price Per SF | $49.91 | Rentable Building Area | 41,451 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 5.63% | Year Built | 1970 |
| Tenure | Freehold | Parking Ratio | 0.53/1,000 SF |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 3 |
| Property Subtype | Warehouse |
| Price | $2,068,763 |
| Price Per SF | $49.91 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.63% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Lot Size | 1.07 AC |
| Rentable Building Area | 41,451 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 0.53/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
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Warehouse Premises, Turnbridge Mills, Old Lee | Old Leeds Rd
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