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Empty warehouse
Oakwell 27, Leeds

Oakwell 27, Leeds

Description

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.

Partner

LC Industrial