Asset Management Opportunity - Fully Let Industrial Investment For Sale in Addingham nr Ilkley - 19,500sqft on 1.72 acres

 

Summary

  • Fully Let Industrial Investment producing £140,756 pa
  • 19,500 sq ft on 1.72 acres
  • Significant Asset Management Opportunity
  • No VAT payable on purchase price
  • Guide Price £1.7 million

Location

Townhead Trading Centre is very prominently located fronting Addingham Main Street close to its junction with Silsden Road (B6160) which gives
access to the Addingham Wharfedale A65 by-pass. It is ideally positioned being 3.5 miles from Ilkley, 6 miles from Skipton and 8 miles from Keighley. The surrounding area is predominantly residential but opposite is the Craven Heifer pub and restaurant. All local facilities in Addingham village are a short walk.

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Further Information

Price £1,700,000 Guide Price

Rates Payable Upon Enquiry

Service Charge £150 pa per tenant


Description

Townhead Trading Centre was a former cotton mill which was redeveloped in the 1970’s and 1980’s to provide 11 industrial units. These are of mixed construction, those within the original building with metal profile roofs incorporating translucent roof lights, with external elevations generally of stone. The 4 more modern units were built in the 1980’s have a single pitch profiled sheet roof and all with sliding/roller shutter doors. Three phase electricity is on-site with Townhead Trading Centre having its own substation.

Externally the estate yard surface is tarmac and providing car parking for all the units (with a useful separate compound currently let in association with unit 3A).