A great investment opportunity to purchase tenanted office building of 21,000 SQF with a gross £198k p.a. rental, Leeds, England is now available with BBP Estates for sale. A UK Government-backed tenant in place. The next rental review is in 2023. Currently, let to the DVSA’s as their regional office. Close to the centre of Leeds. The building has a good potential for alternative uses including residential redevelopment. Opposite a major national supermarket. Possible permitted development opportunity.
|Gross Rental Income||£198000 pa|
|NET Rental||£134,626 pa|
|Lease Remaining||4 years|
|Net Rental Yield:||5 %|
|Return On Investment:||21 %|
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