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AcquisitionWarehouse / distribution · North East & Yorkshire
Unit 3, Benyon Park Way, Leeds
Leeds, LS12
Acted for ICG on the purchase from a property company
A single let distribution warehouse located less than 1.5 miles from Leeds city centre, totalling 105,768 square feet on a 5.25 acre site. The unit offers asset management opportunities, including regearing the lease with Encon, or refurbishing it at lease expiry.
Single let to Encon Limited, off a reversionary rent.
Southsea Capital acted for the purchaser, ICG, on the purchase from a property company.
- Price
- £8m – £10m
- Completed
- Q1 2025
- Acted for
- Purchaser
- Client
- ICG
- Size
- 105,768 sq ft
- Site area
- 5.25 acres
- Tenure
- Freehold
- Tenant
- Encon Limited
- Yield
- 6.75%
