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The Malthouse Chadwick St 24,376 sq ft Office Property Leeds LS10 1LJ £3,800,000 (£155.89/sq ft) 14.08% Net Initial Yield
Investment Highlights
- Strategically located in the South Bank of Leeds
- Fully refurbished former brewery building providing 24,376 sq ft of high quality office accommodation
- Passing rent of £570,000 per annum
- Excellent transport links with Leeds Rail Station
- Let to Intermarketing Group Limited until 19 December 2029
- EPC B (46)
Executive Summary
Fully refurbished former brewery building providing high quality office accommodation, seeking offers in excess of £3,800,000 with a net initial yield of 14.08% assuming standard purchaser's coast and a low capital value of £156 psf.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
24,376 sq ft
Costar Property Class
B
Year Built
1865
Price
£3,800,000
Price per sq ft
£155.89
Yield
14.08%
NOI
£535,040
Tenancy
Single
Number of Floors
3
Typical Floor Size
13,000 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.67
Total Plot Size
0.83 ac
Parking
72 Spaces (2.97 Spaces per 1,000 sq ft Leased)
Amenities
- Courtyard
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
- Raised Floor System
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The Malthouse | Chadwick St
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