£515,000

Office for sale

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Guide price

£515,000

(£149.15/sq. ft)

Office for sale

Killingbeck Drive, Leeds LS14

3,453 sq. ft

Local area information

Property location

Nearby amenities

  • Wykebeck Primary School 0.5 miles
  • Seacroft Grange Primary School 0.5 miles
  • Cross Gates 1.2 miles
  • Leeds 2.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and 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 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 £43,900 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

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

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  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Leeds
  5. Killingbeck Drive