Dearne Works, Wakefield Road, Scissett, Huddersfield, West Yorkshire, HD8 9HS, Investment

Description

Complex of industrial buildings ranging between 478 sqft and 2,604 sqft.
The complex is fully occupied and generates a rent of £37,224 per annum, with potential for rental ground, subject to the re-gearing of leases to £65,000 net.
Well located in the centre of Scissett with good access to the M1 motorway and Huddersfield town.

Industrial Investment / Development Opportunity Current Gross Rent: £37,224 ERV: £65,000

The property comprises a range of single storey industrial buildings, the majority of which are steel framed and constructed under pitched roofs with cladding to external elevations in profile steel sheeting. The units extend between 478 sqft and 2,292 sqft and are therefore of a size for which there is currently good occupier demand. The units are let under informal leases which require re-gearing, implementing and market rents charging. The complex is accessed off Barnsley Road and is positioned between Barnsley Road and the A636 Wakefield Road. It has sufficient yard space and parking for a number of unit and for the size of the each of these units. Units 1 to 5 are more modern construction, being of steel portal frame, having a good internal eaves height and drive-in loading. Units 6 to 11 form part of an older complex of buildings, part of which is constructed under a pitched corrugated asbestos sheet roof and part having access along a shared driveway off the Wakefield Road.