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Kone Offices, Keighley

Kone Plc, Worth Bridge Road, Keighley, West Yorkshire, BD21 4YA

Basic Facts

Property ID: 5200 Post Updated: 2019-06-24 10:41:17
Status: Type:
Tenure: Freehold Gross Rent: £ 383,000
Lease Term: 25 yrs from Sept '03 VAT applicable: Yes

Property Description

  • Freehold Blue-Chip Office Investment.
  • The property comprises of a self-contained office building and was completed in 2003 to a high standard.
  • The building extends 26,932 sq ft providing raised floors, suspended ceilings with recessed lighting and comfort cooling.
  • 104 dedicated parking spaces available.

Location Description

  • The property is situated in the town of Keighley, which is situated between Bradford and Skipton.
  • The asset is close to the A629 and A650 which are main access points in and out of the town.
  • Keighley train station is 0.6 miles away.
  • Worth Bridge Road is situated off Dalton Lane which links to A6035 and A629, the main routes through Keighley.
  • The property is adjacent to the main Kone factory.

Additional Notes

  • The building is let to Kone Plc on a 25 year lease from 1st September 2003
  • The current rent passing is £383,000 per annum
  • In 2016, Kone had annual net sales of Eur 8.9 billion, and has been in business for nearly 40 years.
  • Next rent review is September 2018.

Features

£1m - £5m
Attractive property
Blue-chip tenant
Customer car parking
Finance available
Freehold
Large plot
Lease term: 10 - 15 years
No Break clauses
Suitable for a SIPP
Upwards Only Rent Reviews

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