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Micklethwaite Ln - Old Soul Mills 1,147 sq ft Office Unit Offered at £59,950 in Bingley BD16 2AU
Investment Highlights
- Strong road links via A650
- Good mix of local amenities
- Already tenanted with income of £6,250 pa
- Located adjacent to the Leeds/Liverpool canal
- Short distance away from Crossflatts rail station
Executive Summary
The property is situated just off the A650 between Bingley and Keighley, with easy access to the Bingley bypass, pleasantly located adjacent to the Leeds/Liverpool canal with immediate access to canal-side walks.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 10.24% |
| Sale Type | Investment |
| Net Initial Yield | 10.24% |
| Tenure | Long Leasehold |
Description
The premises form part of a modern office and apartment development completed in approximately 2007. The accommodation is situated at ground floor and has been partitioned to provide offices, wc and kitchenette.
Sale Notes
The property is leasehold and held by way of a lease for a term of 999 years less 7 days from 1st Jaanuary 2006 at a peppercorn rent.
The premises are let to an individual tenant on effective full repairing and insuring terms for a term of 3 years expiring 4 February 2027 at a rent of £6,250 pa exclusive.
The premises are let to an individual tenant on effective full repairing and insuring terms for a term of 3 years expiring 4 February 2027 at a rent of £6,250 pa exclusive.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 1B | 1,147 sq ft | Office | £59,950 (£52.27/sq ft) | £6,138.88 |
Unit 1B
| Unit Size |
| 1,147 sq ft |
| Unit Use |
| Office |
| Price |
| £59,950 (£52.27/sq ft) |
| NOI |
| £6,138.88 |
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Unit 1B
| Unit Size | 1,147 sq ft |
| Unit Use | Office |
| Price | £59,950 (£52.27/sq ft) |
| NOI | £6,138.88 |
| Sale Type | Investment |
| Net Initial Yield | 10.24% |
| Tenure | Long Leasehold |
| Description | |
| The premises form part of a modern office and apartment development completed in approximately 2007. The accommodation is situated at ground floor and has been partitioned to provide offices, wc and kitchenette.</li></ul> | |
| Sale Notes | |
| The property is leasehold and held by way of a lease for a term of 999 years less 7 days from 1st Jaanuary 2006 at a peppercorn rent. <br> <br> The premises are let to an individual tenant on effective full repairing and insuring terms for a term of 3 years expiring 4 February 2027 at a rent of £6,250 pa exclusive.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 58,023 sq ft | Typical Floor Size | 3,919 sq ft |
| Property Type | Office (Unit) | Year Built | 2007 |
| Property Subtype | Office / Residential | Total Plot Size | 1.00 ac |
| Costar Property Class | C | Parking Allocation | 2.81/1,000 sq ft |
| Floors | 4 |
| Total Property Size | 58,023 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Office / Residential |
| Costar Property Class | C |
| Floors | 4 |
| Typical Floor Size | 3,919 sq ft |
| Year Built | 2007 |
| Total Plot Size | 1.00 ac |
| Parking Allocation | 2.81/1,000 sq ft |
Amenities
- Accent Lighting
- Storage Space
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Micklethwaite Ln - Old Soul Mills
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