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Park Mill, Huddersfield

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Office for sale

£650,000 5,157 sq ft

Bramleys LLP
Property type

Office for sale Search all

Full address
Wakefield Rd, Huddersfield HD8 9QQ – HD8
Asking price
£650,000
Available space range
There is 1 space available. This measures 5,157 sq ft.
Features
Security system, Kitchen, Accent lighting, Air conditioning, Central heating, Reception
Brochure
Download the brochure

Sale details

Sale unit 3927865 Available

5,157 sq ft, £126.04 per sq ft

Unit Sale unit 3927865
Address Wakefield Rd, Huddersfield, West Yorkshire, HD8 9QQ, GB
Size 5,157 sq ft
Price £650,000
Price per unit £126.04 per sq ft
  • The property comprises a modern two storey office building providing accommodation over two levels extending to 538m² (5,792ft²).
  • The first floor is largely open plan and is let to cougar automation.
  • The ground floor is divided into two independent suites, one of which is also occupied by cougar automation and the other being vacant and available to re-let.
  • The vacant accommodation extends to 1,355ft².
  • The accommodation provides good quality office space, meeting with many of the requirements for modern day office specification including open plan space with air conditioning, central heating, data cabling and having cabling within floor boxes.
  • Externally the property benefits from the prominence of being positioned off wakefield road and has a large car parking area for approximately 21 cars.
  • The property currently generates an income of £43,100 p/a from cougar automation who occupy two thirds of the building, whilst the remaining space is available to let at £14,000 p/a.
  • The property accordingly has an erv of £57,100 which provides a yield of 8.78% based on the asking price.
  • Cougar automation occupy the whole of the first floor by way of a 15 year lease from 2006, incorporating 5 yearly rent reviews, with a current passing rent of £32,600 per annum exclusive.
  • They also have a co-terminus lease on suite 1 which is within their original lease with a current passing rent of £10,500 per annum exclusive.
Sale type Investment
Tenure Long leasehold
More building details Less building details

Property facts for Park Mill, Huddersfield

The property comprises a modern, two floor, reconstituted stone built office building, constructed in the late 1990's, under an underdrawn pitched tiled roof with timber upper floors and a concrete ground floor.

The property is located in a highly prominent location on the junction of Park Mill Way with the main A638 Wakefield Road, close to the centre of Clayton West. The premises are therefore well located within ten minutes of Junctions 38 and 39 of the M1, which are situated to the East and North East respectively. Wakefield city centre and Huddersfield town centre are within close proximity.

Number of storeys
2
Rentable building area
5,157 sq ft
Year built
1998
Utilities
Heating
Parking
Reserved, Surface tandem, Surface, Covered, Covered tandem

Attachments

PDF #1 Marketing brochure/flyer Download

This office for sale is located in HD8.

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Meet the team

Bramleys LLP

  • Jonathan Wilson
  • Johnathan Uttley
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Bramleys LLP. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bramleys LLP for full details and further information.