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Under Offer

£560,000

Industrial/Logistics, Investment, Office

Granville Mount, Otley, Otley

Otley, LS21

Industrial/Logistics, Investment, Office Under Offer

Granville Mount, Otley, Otley

Under Offer Industrial/Logistics, Investment, Office

£560,000

Property Features

  • Freehold investment with asset management potential
  • Vacant unit provide opportunity for partial owner occupancy
  • Within walking distance of Otley town centre
  • Good parking provision
  • ERV c£50,000pa

About this property

.Freehold investment with asset management potential .Within walking distance of Otley town centre

The property comprises a terrace of three units used as both
traditional office and light industrial accommodation. The units
are arranged over ground and first floors and provide a mix of
cellular offices, workshop areas and storage space, with each unit
having its own entrance and services. The property is of a brick
built construction under a slate roof. Three of the ground floor
units are accessed via roller shutter doors.
Unit 4, which is a detached office building has been sold
separately and is to be split from the freehold title

Location
Otley is a popular market town in the Wharfedale c 6 miles from
Ilkley, 12 miles from Bradford and 15 miles from Leeds. Otley
has a population of 13,668 at the 2011 census and benefits from
good road links to the commercial centres. Otley is home to a
large number of local and national commercial occupiers such as
Waitrose, Sainsburys and Kwik Fit. The property is situated next
to the Waitrose Car Park.

Terms
Offers in the region of £560,000 are invited for the freehold. This represents a net initial yield of 7.83%

Available Area

Additional Information

Property type
Industrial/Logistics, Investment, Office
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Branch Address
Leeds Commercial
First Floor, Carlton Tower
34 St Pauls Street
Leeds
LS1 2QB
Phone Number
0113 386 3100
Email Address
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