Investment Summary

Woodland Park, Bradford Road, Cleckheaton, Bradford, BD19 6BW

  • Modern office park situated immediately off Junction 26 of the M62 Motorway
  • Easy access to the Leeds, Bradford and Manchester conurbations
  • 31,636 sq ft across 4 offices
  • Let to ISG Construction Limited and used as the Yorkshire HQ with a guarantee from ISG Plc
  • 9.5 years unexpired term
  • For the 10 month period to year end 31 December 2016, ISG posted a £1.3 Billion revenue and a pre-tax profit of £25.5 Million. They hold in excess of £92 Million in cash reserves and have a forward order book of over £1 Billion for the coming 12 months
  • Leeds staff have recently been relocated to here and formerly unoccupied suites now undergoing refurbishment
  • Total passing rent of £556,388 pa
  • We are instructed to seek offers in the region of £5,500,000 (STC)
  • Attractive Net Initial Yield of 9.50%
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