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Moor Ln
Sherburn In Elmet LS25 6ES

Industrial Property For Sale · 86,100 SF

Investment Highlights

  • Established industrial location
  • Moor Lane Trading Estate itself is accessed off Moxon Way, which leads directly onto Bishopdyke Road (B1222) via Aviation Road
  • Strategically located circa 5 miles to the north east of Junction 42 of the A1(M) Motorway and just over 8.5 miles to the north east of Junction 32A

Executive Summary

Moor Lane Trading Estate is situated within the established and highly popular Sherburn Industrial Estate, which is strategically located circa 5 miles to the north east of Junction 42 of the A1(M) Motorway and just over 8.5 miles to the north east of Junction 32A of the M62 Motorway. Moor Lane Trading Estate itself is accessed off Moxon Way, which leads directly onto Bishopdyke Road (B1222) via Aviation Road.

PROPERTY FACTS

Unit Size 51,497 SF
No. Units 1
Total Building Size 86,100 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 86,100 SF
Year Built 1974

1 Unit Available

Unit 32-34

Unit Size 51,497 SF
Condo Use Industrial
Sale Type Investment
Tenure Long Leasehold
Cap Rate 5.00%
NOI $230,557.84 CAD
Description

Units 32-34 offer a terrace of three warehouses of steel portal frame construction with pitched cement sheet roofs incorporating roof lights. The properties share a self contained secure tarmaccadam yard.

Sale Notes

The property is available for sale on the basis of a new 999 year lease at a peppercorn rent. The property is subject to an existing lease expiring 12 September 2026, to Classic Carriers Ltd, producing a rental income of £128,645.00 per annum. The lease is contracted outside the Landlord and Tenant Act 1954 provisions. There could be potential to obtain vacant posession sooner than expiry. Further information is available on request.

Amenities

  • Yard
  • Automatic Blinds
  • Storage Space

Utilities

  • Lighting
  • Water
  • Sewer
  • Listing ID: 33530199

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: Moor Ln, Sherburn In Elmet LS25 6ES

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