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Warehouse Premises, Turnbridge Mills, Old Lee Old Leeds Rd 41,451 sq ft 56% Let Industrial Property Huddersfield HD1 1SG £1,550,000 (£37.39/sq ft) 5.63% Net Initial Yield

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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 £1,550,000
Price per sq ft £37.39
Sale Type Investment or Owner Occupier
Yield 5.63%
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Total Plot Size 1.07 ac
Net Internal Area (NIA) 41,451 sq ft
No. Floors 1
Year Built 1970
Parking Allocation 0.53/1,000 sq ft
No. Drive In / Grade-Level Doors 3
  • Listing ID: 30621479

  • Date on Market: 10/01/2024

  • Last Updated:

  • Address: Old Leeds Rd, Huddersfield HD1 1SG

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