Oakwell 27, Leeds
Modern distribution warehouse constructed in the late 1990’s and totalling approximately 111,052 sq ft, strategically located 0.5 miles from Junction 27 of the M62/M621 within the Oakwell Industrial Estate
Business Plan Objective
- Poundworld anticipated vacation at lease expiry in April 2016.
- Dilapidations were settled and a refurbishment program was implemented.
- The property was launched to the market in September 2016.
- Within 3 months a new letting was secured to Cubico on a 10 year term at a headline rent of £4,50psf - above business plan ERV.