Back to results

Heath House Mill, Heath House Lane , Huddersfield, West Yorkshire

For Sale

£2,450,000
5 Acres | Ref: 103882

Investment, Industrial, Land and Development

Arrange a viewing Download brochure

For further information and viewing arrangements please contact:

Lily Garside

Tel: 01484 477600

Email Lily Garside

Property details

Substantial Fully Let Investment Opportunity
Lettable Area as Configured is 89,344 ft2 (8,300.33 m2) or Thereabouts
Producing £284,786.25 Per Annum Exclusive
Net Initial Yield of 10.9%
Low Capital Value of £27.12 Per Sq Ft
Site Area of 5.09 Acres (2.06 Hectares)
Future Redevelopment Potential

The property comprises an established multi-tenanted mixed industrial and office complex being home to over 40 separate units and over 25 individual businesses, with the majority being industrial uses.

The accommodation provides a range of industrial units having a combination of drive-in and tail dock loading access points together with lift access serving the upper floors of the multi-storey mills.

Externally, there is ample on-site car parking and five service yards providing good access to each part of the site.

Location

Heath House Mills is a large, predominantly industrial, former woollen mill complex. It is situated off the cobbled Heath House Lane, within Bolster Moor. The Mill is only a short distance to the motorway, approximately 3.5 miles to Junction 23 of the M62 and approximately 5 miles to Junction 24.

Bolster Moor is a small village above the north side of the Colne Valley and Golcar, approximately 3.5 miles from Huddersfield Town Centre. The surrounding area is predominantly rural with some residential.

EPC

Energy Performance Certificates are available on request and included
in the Data Room.

VAT

The property is elected for VAT and is envisaged that the sale will be
by way of a TOGC.

Accommodation

Heath House Mills
Total Net Lettable Area 90,327 ft 8,391.65 m
Total Site Area 5.09 Acres 2.06 Hectares
All measurements have been taken compliant to the RICS code of measuring
practice. These measurements have been taken in metric and converted to the
nearest imperial equivalent

Terms

The Freehold Interest is being sold subject to the existing occupational
tenancies which comprise a number of formal leases, licenses and
rolling tenancies.

Viewing:

For further information or should you wish to arrange a viewing, please contact the sole selling agents: Ryan Barker T: 01484 477600 Email: ryan.barker@walkersingleton.co.uk Lily Garside T: 01484 432043 Email: lily.garside@walkersingleton.co.uk

Commercial property

Property management

Asset advisory

Auctions

About us