Summary - KASHMIR CROWN BAKERIES, FUTURES WAY BD4 7EB
1 bed 1 bath Light Industrial
Freehold 72,564 sq ft warehouse on 4.3 acres — refurbished and let to logistics operator.
7.28% net initial yield on current income
A substantial single‑storey, detached industrial investment close to Bradford city centre, offered freehold with a strong net initial yield of 7.28%. The 72,564 sq ft warehouse sits on a secure 4.3‑acre site with extensive surfaced yards, multiple dock and level loading doors and high internal ceiling heights suited to logistics and heavy goods operation. The building has been fully refurbished and benefits from high‑specification internal offices and LED lighting throughout.
The property is let to Joda Freight Ltd on a five‑year lease that commenced December 2023, producing a contracted rent of £349,000 per annum and a rent deposit in place. There is a tenant‑only break at the third anniversary and an upward‑only rent review in December 2026 — important considerations for income visibility and reversion risk.
Excellent road connections link the site to the A650/A641, Bradford ring road and M606/M62, supporting distribution use and HGV movements. The secure fenced perimeter, large yard areas and high ceiling, steel portal frame warehouse make the site operationally ready for multi‑vehicle logistics or high‑volume storage.
Material negatives are factual and should be considered by buyers: the occupational lease is short with a tenant break at year three, the local area is classified as very deprived with a very high local crime rate, and on‑site broadband speeds are slow. These factors affect occupational risk and potential alternative uses. Overall this is a refurbished, income‑producing industrial estate suitable for investors seeking immediate yield with clear reversion and location risks.
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