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Sanderson House 22 Station Rd 11,603 sq ft 100% Let Office Property Leeds LS18 5NT £1,335,000 (£115.06/sq ft) 10% Net Initial Yield
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
Property Size
11,603 sq ft
Costar Property Class
B
Year Built
1998
Price
£1,335,000
Price per sq ft
£115.06
Yield
10%
NOI
£133,500
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,868 sq ft
Plot ratio
0.60
Total Plot Size
0.45 ac
Parking
44 Spaces (3.79 Spaces per 1,000 sq ft Leased)
Amenities
- Security System
- Accent Lighting
- Storage Space
- Central Heating
- Demised WC facilities
- Suspended Ceilings
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Sanderson House | 22 Station Rd
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