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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 | Sale Type | Investment |
No. Units | 1 | Building Class | B |
Total Building Size | 86,100 SF | Number of Floors | 1 |
Property Type | Industrial (Unit) | Typical Floor Size | 86,100 SF |
Property Subtype | Warehouse | Year Built | 1974 |
Unit Size | 51,497 SF |
No. Units | 1 |
Total Building Size | 86,100 SF |
Property Type | Industrial (Unit) |
Property Subtype | Warehouse |
Sale Type | Investment |
Building Class | B |
Number of Floors | 1 |
Typical Floor Size | 86,100 SF |
Year Built | 1974 |
1 Unit Available
Unit 32-34
Unit Size | 51,497 SF | Tenure | Long Leasehold |
Unit Use | Industrial | Net Initial Yield | 5.00% |
Sale Type | Investment | NOI | £128,645 |
Unit Size | 51,497 SF |
Unit Use | Industrial |
Sale Type | Investment |
Tenure | Long Leasehold |
Net Initial Yield | 5.00% |
NOI | £128,645 |
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
- Roller Shutters
- Storage Space
Utilities
- Lighting
- Water
- Sewer