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21,000SQF tenanted office building with £198kpa rental,Leeds, England

GBP 2,599,950
For Sale

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.

FeaturesFacts
TenureFreehold
LocationLeeds, LS9
TypeOffice Accommodation
Tenancy StatusLET
Space21,000 SQFT
Purchase Price £2,599,950
Gross Rental Income£198000 pa
NET Rental£134,626 pa
Lease Remaining4 years
Net Rental Yield:5 %
Return On Investment:21 %
Rent Review2023
Potentialyes, Many
Sourcing Fee:2%

Disclaimers: Information provided here for illustration purposes only and may be subject to change from time to time. Prices shown here always will be the prices to pay in local currency. Please contact the agent to be certain for offers, availability, pricing, specification, viewing, booking, reservation process and for any other queries you may have. Any viewings are strictly subject to the due process and pre-orgasined with the agent only. All purchases are subject to a sourcing fee, payable to The BBPEstates Global, as mutually agreed unless otherwise stated within the description area.  BBPEstates may not be the exclusive agent and this can be sourced from one of its various channels, please inquire for further details.

City:
State/County:
Country: United Kingdom
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Property Id : 28193
Price: GBP 2,599,950
Property Size: 21 000,00 ft2
Fitted Security
Tenanted
walkscore81 / Very Walkable more details here

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