Units 1-4 Whitehall Industrial Estate, Ashfield Way, Leeds, LS12 5JB
£2,000,000 / NIY 7.53%

The freehold property provides 38,800 sq ft of industrial warehouse.
Property specification
- Let to the strong covenant Just Trays Limited on a new 10 year lease with effect from 24 June 2019 with a tenant break option and upwards only rent review at the fifth anniversary of the lease
- Just Trays are the UK's number 1 shower tray manufacturer
- Located on a well established industrial estate adjacent to the A58
- This reflects a low capital value per sq ft of £51.55
- Total income £160,112 per annum which equates to a low £4.12 per sq ft
- The tenant has been in occupation for over 18 years and has recently taken a coterminous lease on an adjacent property
- £2,000,000 / NIY 7.53%
Lease terms
Offers in excess of £2,000,000 subject to contract and exclusive of VAT for the freehold interest, reflecting a net initial yield of 7.53%, allowing for standard purchaser's costs at 6.275%.
Location
Leeds is the fastest growing city in the UK and is the largest commercial and financial centre in Yorkshire (Leeds City Council 2020)
Location
Leeds is the fastest growing city in the UK and is the largest commercial and financial centre in Yorkshire (Leeds City Council 2020)
Train Stations
- Beeston 2.14km
- Morley 2.48km
- Bramley 3.22km
- Morley 3.64km
Featured properties to invest in

Colston House, 200 Lancaster Way Business Park
Ely, Cambridgeshire, CB6 3NX
£3,330,000 / NIY 5.31%
Ely, Cambridgeshire, CB6 3NX £3,330,000 / NIY 5.31%

194 Shaftesbury Avenue, London
WC2H 8JP
Unconditional offers are invited
WC2H 8JP Unconditional offers are invited
Assurant House, Victoria Street
Windsor, Berkshire, SL4 1XY
£5,000,000 / NIY 7.50%
Windsor, Berkshire, SL4 1XY £5,000,000 / NIY 7.50%
Units 403-404, 405
601/602 Copper Smith Way, & Unit 702 Penfold Drive, Gateway 11 Business Park, Wymondham, Norfolk, NR18
£9,785,000 / NIY 5.60%
601/602 Copper Smith Way, & Unit 702 Penfold Drive, Gateway 11 Business Park, Wymondham, Norfolk, NR18 £9,785,000 / NIY 5.60%
Colston House, 200 Lancaster Way Business Park
Ely, Cambridgeshire, CB6 3NX
£3,330,000 / NIY 5.31%
Ely, Cambridgeshire, CB6 3NX £3,330,000 / NIY 5.31%

194 Shaftesbury Avenue, London
WC2H 8JP
Unconditional offers are invited
WC2H 8JP Unconditional offers are invited
Assurant House, Victoria Street
Windsor, Berkshire, SL4 1XY
£5,000,000 / NIY 7.50%
Windsor, Berkshire, SL4 1XY £5,000,000 / NIY 7.50%
Units 403-404, 405
601/602 Copper Smith Way, & Unit 702 Penfold Drive, Gateway 11 Business Park, Wymondham, Norfolk, NR18
£9,785,000 / NIY 5.60%
601/602 Copper Smith Way, & Unit 702 Penfold Drive, Gateway 11 Business Park, Wymondham, Norfolk, NR18 £9,785,000 / NIY 5.60%