This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Block 16 York Biotech Campus Sand Hutton

381,903 SF Industrial Building York YO41 1LZ £48,470,000 (£127/SF) 6.50% Net Initial Yield

Investment Highlights

  • International renowned Biotech and Life Science campus totalling 381,903 sq.ft on a site of 81.9 acres, which was originally built at a cost of £134 m
  • Let to Capita Plc for a further 21.8 years
  • Property comprises high specification labs, quarantine zines, high specification plant testing facilities, external crop testing zones, offices etc

Executive Summary

Property comprises high specification labs, quarantine zines, high specification plant testing facilities, external crop testing zones, office and warehouse space along with a conference centre and extensive amenities
Offers sought in excess of £48,470,000 which reflects a net initial yield of 6.50% and a headline reversionary yield of 10.46%. Low capital value of £127 per sq.ft.

Attachments

Brochure

Property Facts

Price £48,470,000
Price Per SF £127
Sale Type Investment
Net Initial Yield 6.50%
Tenure Freehold
Property Type Industrial
Building Class B
Lot Size 81.90 AC
Rentable Building Area 381,903 SF
Number of Floors 2
Year Built 1996
Tenancy Single

Amenities

  • Bio-Tech/ Lab Space

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
  • Listing ID: 33866263

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: York Biotech Campus Sand Hutton, York YO41 1LZ

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}