High-yield single-let industrial asset with immediate income; leasehold constraints apply.
Single-let industrial unit, 27,814 sq ft on c.1.5 acres
A sizable single-let industrial investment in Huddersfield offering immediate income and a strong headline yield. The unit extends to approximately 27,814 sq ft on c.1.5 acres, with secure yard space, two loading elevations and on-site parking — practical features for manufacturing, warehousing or logistics occupiers.
The property is let to Dual Seal Glass Limited on a 15-year lease from completion at an annual rent of £95,000, producing an initial gross yield of 9.74%. The tenant has an established local presence and also occupies the adjoining site, which supports operational continuity. The building includes a single-storey office extension and benefits from good broadband and mobile connectivity.
Material considerations are clear and significant: the investment is leasehold with only c.40 years unexpired on the ground lease, and the lease contains tenant-only break options plus five-yearly rent reviews. Many mortgage lenders are likely to refuse lending with this lease length, so purchasers should be prepared to fund the acquisition with cash or specialist finance. EPC asset rating D and the surrounding area is identified as very deprived with very high local crime levels — factors that may affect future occupational demand and valuation.
This is a practical, income-generating industrial asset for a buyer prioritising yield and immediate cashflow rather than long lease security. It will suit experienced investors or funds able to accept leasehold constraints and the local market profile, or buyers considering lease restructuring or renegotiation to extend headlease security over time.
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