Asset class: Office
Size: 109,250 sq.ft.
Site area: 11.4 acres
Income per annum: £685,909
NIY: 9.5%
Cap Val: £62 per sq.ft.
Purchase price: £6.75m
Listerhills Science Park is a well-located asset, adjacent to the University of Bradford.
With strong historic rents and high occupancy levels of 98%, tenants include ECSC Group, Ashby Knight Ltd, Barnardos, and Concept Life Sciences. The site spans 16 terraced units, split in to a total of 69 suites of various sizes ranging from 160 to 19,000 sq ft.
The accommodation includes substantial onsite car parking and occupies a site of approximately 11.4 acres (4.62 hectares).