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