Sandbeck Way, Wetherby
Warehouse
Guide Price
£700,000
COMMERCIAL INVESTMENT OPPORTUNITY
SITUATION AND DESCRIPTION The property is located on the established Sandbeck Estate which lies on the edge of Wetherby.
The unit which is of steel portal framed construction with insulated roof covering and corrugated steel cladding, extends to circa 10,000 square feet internally, with office and cloakroom facilities to one end. Outside there is parking and storage, and the property is shown edged red on the plan in these particulars.
The unit is extremely well located for the local national motorway system, being within approximately 2 miles from Junction 46 of the A1(M).
TENURE The property is leasehold and subject to a 99 Head Lease in favour of Leeds City Council, dated 15th June 1979, for an annual rent of £11,880. The property is currently let on a 15 year FRI underlease, dated 28th February 2020, in favour of Metals 4 U Limited, at a current rent of £65,000 per annum exclusive. Rent reviews are 5 yearly with the next review due on 28th February 2025.
RIGHTS OF WAY There is a vehicular right of way across the car park to the unit marked blue on the plan.
METHOD OF SALE AND VIEWING The property is for sale by private treaty and all viewings are strictly by appointment with the selling agent Richard Waring of Thomlinsons, 24 High Street, Wetherby. Tel: 01937 582748. Email; richard@thomlinsons.co.uk
SITUATION AND DESCRIPTION The property is located on the established Sandbeck Estate which lies on the edge of Wetherby.
The unit which is of steel portal framed construction with insulated roof covering and corrugated steel cladding, extends to circa 10,000 square feet internally, with office and cloakroom facilities to one end. Outside there is parking and storage, and the property is shown edged red on the plan in these particulars.
The unit is extremely well located for the local national motorway system, being within approximately 2 miles from Junction 46 of the A1(M).
TENURE The property is leasehold and subject to a 99 Head Lease in favour of Leeds City Council, dated 15th June 1979, for an annual rent of £11,880. The property is currently let on a 15 year FRI underlease, dated 28th February 2020, in favour of Metals 4 U Limited, at a current rent of £65,000 per annum exclusive. Rent reviews are 5 yearly with the next review due on 28th February 2025.
RIGHTS OF WAY There is a vehicular right of way across the car park to the unit marked blue on the plan.
METHOD OF SALE AND VIEWING The property is for sale by private treaty and all viewings are strictly by appointment with the selling agent Richard Waring of Thomlinsons, 24 High Street, Wetherby. Tel: 01937 582748. Email; richard@thomlinsons.co.uk