£1,335,000

Property for sale

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Freehold

Offers over

£1,335,000

(£99.98/sq. ft)

Property for sale

Sanderson House, 22 Station Road, Horsforth LS18

13,353 sq. ft

Local area information

Property location

Nearby amenities

  • Horsforth 0.1 miles
  • Westbrook Lane Primary School 0.4 miles
  • Horsforth School 0.4 miles
  • Kirkstall Forge 1.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Prime office investment in this thriving Leeds suburb.
  • Occupies a prominent position fronting Station Road in the centre of Horsforth.
  • 300 yards from Horsforth train station.
  • Net Internal Area of 13,353 sq.ft (1,240.53 sq.m)
  • 0.44 acre (0.18 hectare) site.
  • Comprises 10 quality fully let office suites of varying sizes over 3 floors from 134 – 2,654 sq.ft.
  • Occupiers include Buckle Barton Ltd, Peter Brearley Ltd, Travlaw Legal Services Ltd and Matter (B2B) Ltd.
  • Excellent letting history.
  • 44 car parking spaces
  • Current rental income of £141,475 pax
  • Rentals ranging from £11.00 - £14.18 psf
  • Price – offers in excess of £1,335,000
  • Net Initial Yield – 10%
  • Capital Value – only £99.98 per sq.ft
Description

The property occupies a prominent position fronting Station Road and comprises a 3 storey semi-detached brick built office building under a pitched metal clad roof. The front, right and rear elevations are part clad with infill panels incorporating a large number of windows which provide excellent natural light into the suites.

The property is accessed via a feature porch entrance leading to an attractive entrance hall with a staircase and elevator providing access to the upper floors.

Internally the office comprises a number of suites on each floor, of varying configuration and sizes, benefitting from the following amenities: -

-Modern suspended ceilings
-LED lighting
-Spacious staff kitchens with staff facilities
-Gas fired central heating
-Male & female wc’s on each floor
-Disabled access toilets
-Mail pigeon holes

Sanderson House benefits from designated surface parking to the front and rear with a total of 6 parking spaces to the front and 38 to the rear of the property. Access to the rear car park is shared with the adjoining Techno Centre.

Location

Leeds, with a population of approximately 822,500 persons, is the Principal City within Yorkshire and the North East region.

It has excellent communications with the M62 TransPennine motorway running south of the City and the M1 and A1(M) running to the east. The M621 connects the City Centre to both.

Leeds railway station is the UK’s busiest station outside Central London with a regular service to London and all northern cities.

Leeds has an extremely diverse economic base with no over dependence on one sector. It still has a strong manufacturing base which is complimented by the service sector and is recognised as the financial/administrative centre for the North East region.

With 2 universities, a theatre, the First Direct Area and an excellent retail offer including the Trinity Shopping Centre and White Rose Shopping Centre, Leeds is seen as a vibrant and happening place to live.

Terms

We are instructed to seek offers in excess of £1,335,000 (one million three hundred and thirty five thousand pounds) subject to contract and exclusive of VAT which would show a purchaser a net initial yield of 10% allowing for the normal costs of acquisition, and a capital value of £99.98 per sq.ft.

Horsforth

Horsforth is a thriving suburb of Leeds in West Yorkshire, located approximately 4 miles (6.5km) to the northwest of Leeds City Centre. The town benefits from a resident population of 21,500 persons (2021 Census), with a significant proportion of the population employed in higher managerial, professional, and technical occupations. Major employers include Leeds Trinity University, Morrisons and Leeds City Council.

Horsforth is strategically positioned with good access to Bradford, 7 miles (11km) to the west, Leeds City Centre, 4 miles (6.5km) to the southeast and Otley, 5 miles (8km) to the north. The picturesque Yorkshire Dales National Park is also within close proximity, offering an attractive rural escape. The suburb is well-served by a number of major road links, including the A65 which connects Horsforth directly to Leeds and Bradford.

Leeds Bradford Airport is located just 3 miles (4.8km) to the north, offering both international and domestic flights to over 80 destinations, with more than 4 million passengers per year.

With its collection of sports clubs, community activities, restaurants, bars and pubs, Horsforth is recognised as an attractive place to live and work.

Situation

Sanderson House occupies a prominent position on Station Road in the centre of Horsforth close to the Old Ball roundabout linking Station Road with St Margarets Road, Brownberrie Lane, Brownberrie Avenue and Long Row which links with Town Street, the towns primary retail thoroughfare.

The property also benefits from a good range of amenities in close proximity with Tesco Express immediately opposite and other occupiers close by including Haus of Coffee, La Bistro Mediterranean Kitchen, Queens Arms pub, Old Ball pub, W Fitness Gym, Linley & Simpson and a number of other independent cafes, shops and takeaways.

The surrounding area comprises a mix of residential and commercial with a variety of office, retail and industrial occupiers in close proximity. Lister House, No.5 Lister Hill, Helena House, Brookfoot House and Mill House are all established sizeable office buildings situated in the immediate vicinity. Nearby industrial occupiers include Screwfix, Protyre Horsforth, Trials UK and nc Autos.

Notably the property is situated less than 300 yards from Horsforth train station which is on the Leeds to Harrogate line providing direct rail services to Leeds, Harrogate, Knaresborough, York, Wakefield and London Kings Cross.

Accommodation

On a floor-by-floor basis the property has a total Net Internal Area of 13,353 sq.ft (1,240.53 sq.m).

The property has been sub-divided into individual office suites. The total Net Internal Area of the office suites is 11,603 sq.ft. (1,077.96 sq.m).

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Property descriptions and related information displayed on this page are marketing materials provided by - Brackenridge Hanson Tate Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Brackenridge Hanson Tate Limited for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Leeds
  5. Horsforth
  6. Station Road