Investment details
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Ailsa House, Turnberry Park
Wakefield Road, Leeds
LS27 7LE
Office
Status - Sold
Tenure - Freehold
Total floor area - 26,811 sq ft
Price - £2,000,000
Net initial yield - 17.20%
Capital value - £74.60 psf per sq ft
Self contained modern office building comprising 26,811 sq ft. Excellent car parking ratio. Highly accessible location adjacent to Junction 27 of the M62 and its interchange with the M621. Tenants include First Secretary of State with a lease expiry of January 2013. Significant asset management opportunities. Freehold. The property currently produces a rental income of £362,816 per annum, equating to an average unit rent of £15.74 per sq ft.
Agent details
Lambert Smith Hampton
Mike Adcock
Telephone: 0207 198 2234
Mobile: 07775 403 587
Office: London
madcock@lsh.co.uk
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