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Freehold Industrial Ground Rent Investment

Wetherby, LS22 - Get Access

Description

Freehold industrial ground rent investment property comprising a site area of approximately 0.707 hectares (1.748 acres) providing a single-storey industrial building of approximately 1,382.60 sq m (14,882 sq ft) with car parking areas. The property is situated on the north side of Sandbeck Way within the established Sandbeck Industrial Estate, immediately adjacent to the A1(M) and A168. The location is approximately 7 miles south-east of Harrogate, 11 miles north-east of Leeds City Centre, and 12 miles west of York, with transport links via the A1(M), Harrogate Railway Station, and Leeds Bradford Airport. The site is let to Knaresborough Engineering (Yorkshire) Ltd until November 2064, producing a current rent of £24,500 per annum exclusive, with an important rent review scheduled for November 2029 and every 10 years thereafter. Freehold tenure.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 14,882 sq ft (Listing)

Valuing a commercial industrial investment property requires examining current rental income, lease terms, and prevailing regional yields rather than relying solely on vacant possession capital values. The property is a single-storey industrial unit of approximately 14,882 sq ft situated within the established Sandbeck Industrial Estate in Wetherby. The building is maintained in good condition with dedicated hardstanding parking and yard space, and benefits from a long-term lease to November 2064.

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