Office for sale in Killingbeck Drive, Leeds LS14

Guide price £515,000 (£149.15/sq. ft)
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Office for sale

3,453 sq. ft*

Property description

Location: Killingbeck Court is a small office development located off York Road (A64) approximately 3 miles east of Leeds city centre. Adjoining the site is Asda Killingbeck supermarket alongside McDonalds, B&M Store and B&Q.

Description: Two storey office building constructed of brickwork with part render and a full height glazed entrance lobby area under a mono pitched roof. Communal access via security-controlled entrance door leading to ground floor office, disabled WC and staircase to two separate first floor suites, being front and rear. WCs and kitchen area off first floor lobby.

Net Internal Area:

Ground Floor: 157.1 m² (1,691 sq ft) approx.
First Floor Rear: 98.1 m² (1,056 sq ft) approx
First Floor Front: 65.6 m² (706 sq ft) approx.

Total: 320.8 m² (3,453 sq ft) approx.

To the outside there are 6 x allocated car parking spaces to the ground floor and 5 x allocated car parking spaces to first floor

rating: From the voa Rating List there are three separate 2023 Rateable Value (rv) assessments:

Ground Floor rv £19,750
First Floor Rear rv £10,500
First Floor Front rv £8,100

This is not what you pay and interested parties should make their own enquiries with Leeds City Council regarding the amount payable.

Tenancies: The premises are let on Internal Repairing and Insuring (iri) Lease terms with a service charge recovery for the upkeep and maintenance of the communal areas, building and estate that the property forms part (further details on request).

Tenure: The property is held on a Long Leasehold for a term of 125 years from 1 August 1988 – 31 July 2113 on a peppercorn ground rent.

Price: We are inviting offers in the region of £515,000 subject to contract and occupational Leases. Based on a rental income of £41,400 per annum exclusive, this represents a gross return of 8.04%.

Legal costs: Each party to be responsible for their own legal costs in connection with the sale.

E.P.C: Cert No. & Rating 64 ‘C’

VAT: The property has been elected to tax therefore VAT is applicable.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Mawsons, LS3 on +44 113 427 9011 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Mawsons, and do not constitute property particulars. Please contact Mawsons for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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