48,000 sq ft trade counter investment hits the market
A high specification trade counter investment opportunity in Bradford has hit the market.
Located on link road, Tong Street, the property comprises two trade counter units measuring over 48,000 sq ft.
The property is let in its entirety to Selco Trade Centres Ltd on a 25 year lease from 10 September 2008 with a rental guarantee from Grafton Group (UK).
Selco occupies the larger of the two units, whilst the second unit is occupied by Plumbase for use as a plumber’s merchant showroom.
Jonathon White, industrial agent at Sanderson Weatherall, said: “This fantastic trade counter investment represents an incredibly rare opportunity with over 14 years remaining on the lease and a PLC guarantee.
“Bradford is an incredibly well-connected city within the central core of West Yorkshire and the subject property takes advantage of this, located on Tong Street, a busy road link within 2 miles of the city centre.”
The investment, with a passing rent of £320,756 per annum, is being offered for sale by Sanderson Weatherall’s industrial agency team, who are seeking offers over £5.5m, subject to contract and exclusive of VAT.
