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Concorde House Stewart Close 20,475 sq ft Industrial Property Bradford BD2 2EE £1,750,000 (£85.47/sq ft) 8% Net Initial Yield
INVESTMENT HIGHLIGHTS
- A Gross Initial Yield of 8.0%.
- Covenant rated “Very Low Risk” by Experian with a Credit Score of 100.
- Tenant - Premier Vanguard Limited (Premvan).
EXECUTIVE SUMMARY
Available with For Sale & Lease Back to Current Owner Occupier for £1,750,000 at a gross yield of 8%.
The property comprises a detached steel portal frame industrial building with profiled metal sheet walls and a pitched roof with four large roller shutter doors onto a large secure yard with car parking.
The building benefits from an integrated two storey office block to the front of the building providing good quality Air Conditioned office space.
The building is generally in good condition throughout.
The property comprises a detached steel portal frame industrial building with profiled metal sheet walls and a pitched roof with four large roller shutter doors onto a large secure yard with car parking.
The building benefits from an integrated two storey office block to the front of the building providing good quality Air Conditioned office space.
The building is generally in good condition throughout.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS Sale Pending
| Price | £1,750,000 | Property Subtype | Warehouse |
| Price per sq ft | £85.47 | Costar Property Class | C |
| Sale Type | Investment | Net Internal Area (NIA) | 20,475 sq ft |
| Yield | 8% | No. Floors | 2 |
| Sale Condition | Sale Leaseback | Year Built | 1970 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial |
| Price | £1,750,000 |
| Price per sq ft | £85.47 |
| Sale Type | Investment |
| Yield | 8% |
| Sale Condition | Sale Leaseback |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Net Internal Area (NIA) | 20,475 sq ft |
| No. Floors | 2 |
| Year Built | 1970 |
| Tenancy | Single |
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Concorde House | Stewart Close
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