WS Holroyd Business Centre A4, 4pp 11.16.indd - Amazon Web ...

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For Sale Holroyd Business Centre Carrbottom Road Bradford BD5 9BP 1 Industrial and office investment 1 9 Units and 14 office suites totalling 3,634m2 (39,121 sq ft) 1 Site area of 0.85 Hectares (2.10 Acres) 1 Current income of £103,117 rising to £121,054. ERV of £148,696 upon letting of vacant units 1 Potential reversionary yield of 14.06% when fully let based on our ERV allowing for purchasers costs at 5.75%

walkersingleton.co.uk

01274 452000

Location Holroyd Business Centre is located on Carrbottom Road leading directly to Manchester Road (A641) close to its junction with the Bradford Ring Road (A6177). The site is located some 3 miles South of Bradford City Centre and the M606 junction is situated approximately 1 mile to the South East.

Description The site comprises a mixed use estate with the original buildings dating to the early 20th century and comprising split level stores and offices along with 2 larger workshop/industrial units to the rear. To the back of the original buildings is a 2 storey office property with larger self-contained ground floor suites and smaller rooms to the 1st floor. Constructed to the rear of the site are 6 industrial units being built on steel portal frames and profile metal sheet or stone clad and arranged in three semi-detached blocks. The site benefits from a large yard area for the benefit of all tenants and may be suitable for further development (subject to planning). The site is majority let in accordance with the attached schedule and active asset management opportunities exist for new lettings, lease renewals and service charge review.

walkersingleton.co.uk

01274 452000

Location

Tenant

m2

sq ft

Lease Start

End Date

Annual Rent

Contracted Rent

Annual ERV

EPC

Comments

Office 10

Bodynet Ltd.

117.05m2

1,260 sq ft

01/01/13

31/12/15

£6,000

£6,000

£3,780





Office 11

VACANT

266.62m2

2,870 sq ft









£8,180





Office 12

Limini Coffee Services Ltd.

130.43m2

1,404 sq ft

05/02/16

04/02/19

£9,126

£9,126

£9,126





Offices 13, 14 & 15

Mosaic II

327.47m2

3,525 sq ft

01/08/16

31/07/19

£16,000

£20,000

£20,000

D (96)

Rent steps to £18.5k 01/08/2017 and £20k 01/08/2018.

Office 16

Enrg Tech Ltd.

19.97m2

215 sq ft

08/04/15

07/04/18

£2,000

£2,000

£2,000





Office 17

ATM Corporate Events Ltd.

59.92m2

645 sq ft

08/12/11

07/12/14

£4,003

£4,003

£3,250

C (66)

Tenants wish to remain on site – Renewal discussions in progress.

Office 18

Powers (NI) Ltd.

59.92m2

645 sq ft

01/07/12

30/06/15

£6,500

£6,500

£3,250

C (66)

Tenants wish to remain on site – Renewal discussions in progress.

59.92m2

645 sq ft

01/04/08

28/02/14

£6,500

£6,500

£3,250

C (66)

Tenants wish to remain on site – Renewal discussions in progress.

59.92m2

645 sq ft

01/06/16

31/05/19

£3,250

£3,250

£3,250

C (66)

Served break to vacate 30th November.

Office 19 Office 20

Direct Route Insight Ltd. H&H Pharma Services Ltd.

Office 21

VACANT

59.92m2

645 sq ft









£3,250

C (66)



Office 22

VACANT

56.76m2

611 sq ft









£3,055

C (66)



Office 23

VACANT

56.76m2

611 sq ft









£3,055

C (66)



Unit 3

Infinity Motors Ltd.

217.39m2

2,340 sq ft

20/02/15

19/02/18

£9,500

£9,500

£9,500





Unit 4

Michael Gorman

297.28m2

3,200 sq ft

01/10/16

30/09/19

£4,000

£9,600

£10,400

D (76)

Unit 7

VACANT

476.58m2

5,130 sq ft

£16,675



Unit 8

Crafted Furniture Ltd. 476.58m2

5,130 sq ft

15/06/16

14/06/21

£8,338

£16,675

£16,675



371.60m2

4,000 sq ft

04/12/11

03/12/14

£2,300

£2,300

£4,000

C (66)



130.06m2

1,400 sq ft

27/05/15

26/05/18

£6,300

£6,300

£6,500

D (95)



Unit 9 Unit 24

Roaring Tiger Events Ltd. Walker Hydraulics Services Ltd.









Renewal. Rent steps to £8K 01/01/2017, £9K 01/10/2017 and £9,600 01/10/2018. – Rent step to £16,675 15/06/2018.

Unit 25

MCSY Ltd.

130.06m2

1,400 sq ft

01/07/15

30/06/18

£6,300

£6,300

£6,500



Tenant break 01.07.17.

Unit 26

Adrian Wray

130.06m2

1,400 sq ft

01/10/16

30/09/19

£6,500

£6,500

£6,500

E (110)

Tenant breaks 30.09.17 & 30.09.18.

Unit 27

Mazumal Hussain Shah

130.06m2

1,400 sq ft

21/08/14

20/08/17

£6,500

£6,500

£6,500

E (112)



£103,117

£121,054

£148,696





TOTAL:



walkersingleton.co.uk

3,634.34m2 39,121 sq ft

01274 452000





Tenure

Viewing

The property is freehold and sold subject to the tenancies stated.

For further information and viewing arrangements please contact the sole selling agents:

VAT

Jonathan O’Connor

We understand the property is elected for VAT.

Direct Line: 01274 452021 Email: [email protected]

Price £1,000,000

Further Information Other information is available upon request including floor plans, asbestos reports, leases and service charge budgets.

walkersingleton.co.uk

01274 452000

Ref: 34698