Huddersfield Rd
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Huddersfield Rd
21,537 SF Industrial Building Meltham HD9 4AN $2,016,256 ($94/SF) 6.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Single let industrial investment opportunity occupied by Rosenbauer UK Limited
- Single storey industrial building extending to 2,000m² (21,537ft²) with an internal eaves height of 4.7m and set on a site of 1.72 acres.
- Net Initial Yield 6.87%
EXECUTIVE SUMMARY
Rosenbauer UK Limited have a lease which commenced on 15 October 2021 for a term of 10 years incorporating a rent review and a break option in October 2026. The passing rent is £110,000 per annum.
The property comprises a single storey steel frame industrial unit which extends to approximately 2,000m² (21,537ft²). The building has been re-roofed with insulated profile steel sheeting and is of steel frame construction. The property has a 3 phase electricity supply, 4.7m to the eaves, and is set upon a site of 1.72 acres which includes a large concrete surfaced yard to the front of the building and car parking area which provides adequate car parking for approximately 32 cars. The property is finished to a good standard internally with modern specification offices and conforms well with current occupier requirements.
The property comprises a single storey steel frame industrial unit which extends to approximately 2,000m² (21,537ft²). The building has been re-roofed with insulated profile steel sheeting and is of steel frame construction. The property has a 3 phase electricity supply, 4.7m to the eaves, and is set upon a site of 1.72 acres which includes a large concrete surfaced yard to the front of the building and car parking area which provides adequate car parking for approximately 32 cars. The property is finished to a good standard internally with modern specification offices and conforms well with current occupier requirements.
PROPERTY FACTS
| Price | $2,016,256 | Property Subtype | Warehouse |
| Price Per SF | $94 | Lot Size | 1.80 AC |
| Sale Type | Investment | Rentable Building Area | 21,537 SF |
| Cap Rate | 6.87% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Price | $2,016,256 |
| Price Per SF | $94 |
| Sale Type | Investment |
| Cap Rate | 6.87% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Lot Size | 1.80 AC |
| Rentable Building Area | 21,537 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
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Huddersfield Rd
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