2 Savannah Way, Leeds Valley Park, Leeds, West Yorkshire, LS10 1AB

PRICING
Offers invited in excess of £5,200,000 (Five Million, Two Hundred Thousand Pounds), subject to contract and exclusive of VAT reflecting an extremely low capital value of £125 psf.


SUMMARY
+ Modern out of town office building located on Leeds Valley Park (J44, M1)
+ Set over 3 floors, totalling 41,503 sq ft
+ Benefitting from extensive refurbishment, taking the building up to Grade A specification inclusive of VRF air conditioning, new lifts, electric car charging points and LED lighting
+ Significant parking provision of 220 spaces, reflecting 5 per 1,000 sq ft
+ Excellent ESG credentials, with the building now all-electric and benefitting from EPC A and targeting BREEAM 'Very Good'
+ Surrounding occupiers include BAE Systems, Arla Foods and Williams Lea
+ Offered in a 'turn-key' condition, providing a fantastic opportunity for an owner occupier or investor to purchase a building with no capex requirement


LOCATION
2 Savannah Way is situated on Leeds Valley Park ideally located adjacent to Junction 7 of the M621 and Junction 44 of the M1 Motorway. Leeds City Centre is just 4 miles away providing occupiers with fantastic accessibility and connections.


INVESTMENT OPPORTUNITY
The building offers an extremely rare opportunity to purchase an asset that has recently benefitted from a significant refurbishment, which removes the requirement for a new investor to invest any further capital into the asset.
The building is now very well positioned to cater to the occupational market, offering fantastic quality accommodation and a huge parking provision, alongside strong ESG credentials, at rents which offer a huge discount to the City Centre.
Achieving a rent in-line with the current quoting price of £22.00 psf, would equate to a highly attractive net running yield of c.16.47%.