No.1 Midpoint Business Park, 1 Mid Point, Thornbury, Bradford, BD3 7AY
Offers in Excess of
£4,000,000
£102.10 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
39,178 sq ft
3,640 sq m
- SECTOR
Office for sale
Key features
- Prominent freehold Grade A office investment extending to 39,178 sq ft on a 2.5-acre site
- Strategically located within the established Thornbury commercial district, approximately 3 miles east of Bradford city centre and 8 miles west of Leeds
- Let in its entirety to Loop Customer Management Limited, guaranteed by Kelda Eurobond Co Limited
- New 15-year lease from 10 December 2025 expiring 9 December 2040 (14.5 years)
- Passing rent of £513,702 per annum reflecting a low average rent of £13.11 psf
- Tenant break options in years 4, 8 and 12, subject to six months’ notice, with 4 month rent-free incentives if not exercised
- Offers invited in excess of £4,000,000 (Four Million Pounds), subject to contract and exclusive of VAT
- Attractive net initial yield of 12.05%, assuming purchaser’s costs of 6.54%
- Low overall capital value of £102 psf
Description
No. 1 Midpoint Business Park is a prominent, purpose-built Grade A office building arranged over ground and first floors, constructed in 2000. The building benefits from a striking full height glazed atrium entrance and provides flexible, open plan accommodation throughout.
Modern purpose-built office building with modern specification including full-height glazed atrium, raised access floors, VAV air conditioning and 185 dedicated car parking spaces (1:212 sq ft).
The property is let by way of a single Full Repairing and Insuring Lease to Loop Customer Management Limited, guaranteed by
Kelda Eurobond Co Limited from 10th December 2025, expiring 9 December 2040 providing an unexpired term of approximately
14.5 years.
The rent passing is £513,702 pa (£13.11 psf) The lease provides a Tenant’s option to determine on the 4th, 8th and 12th anniversaries of the term subject to six months’ notice in writing. If any of the break clauses are not exercised, the tenant will receive 4 months rent free.
The lease is subject to 5-yearly upward-only rent reviews to open market value throughout the term. The tenant’s dilapidations liabilities carry over from their previous lease dated 2010.
No. 1 Midpoint Business Park is strategically located within the established Thornbury commercial district approximately 3 miles east of Bradford city centre and 8 miles west of Leeds city centre. The property benefits from excellent regional connectivity, situated immediately adjacent to the A6177 Bradford Ring Road, which provides direct access to Junction 26 of the M62 motorway approximately 4 miles to the south-east.
The property has strong connectivity to the national rail network. Bradford Interchange station is located approximately 3 miles to the west and provides direct rail services to Leeds, Manchester and London. Leeds railway station, one of the UK’s principal regional transport hubs, is situated approximately 8 miles to the east and provides extensive intercity connections including regular services to London King’s Cross and Edinburgh.
Leeds Bradford Airport lies approximately 9 miles to the north-west, providing both domestic and international flight connections, whilst Manchester Airport is accessible via the M62 motorway network and provides extensive global connectivity.
Modern purpose-built office building with modern specification including full-height glazed atrium, raised access floors, VAV air conditioning and 185 dedicated car parking spaces (1:212 sq ft).
The property is let by way of a single Full Repairing and Insuring Lease to Loop Customer Management Limited, guaranteed by
Kelda Eurobond Co Limited from 10th December 2025, expiring 9 December 2040 providing an unexpired term of approximately
14.5 years.
The rent passing is £513,702 pa (£13.11 psf) The lease provides a Tenant’s option to determine on the 4th, 8th and 12th anniversaries of the term subject to six months’ notice in writing. If any of the break clauses are not exercised, the tenant will receive 4 months rent free.
The lease is subject to 5-yearly upward-only rent reviews to open market value throughout the term. The tenant’s dilapidations liabilities carry over from their previous lease dated 2010.
No. 1 Midpoint Business Park is strategically located within the established Thornbury commercial district approximately 3 miles east of Bradford city centre and 8 miles west of Leeds city centre. The property benefits from excellent regional connectivity, situated immediately adjacent to the A6177 Bradford Ring Road, which provides direct access to Junction 26 of the M62 motorway approximately 4 miles to the south-east.
The property has strong connectivity to the national rail network. Bradford Interchange station is located approximately 3 miles to the west and provides direct rail services to Leeds, Manchester and London. Leeds railway station, one of the UK’s principal regional transport hubs, is situated approximately 8 miles to the east and provides extensive intercity connections including regular services to London King’s Cross and Edinburgh.
Leeds Bradford Airport lies approximately 9 miles to the north-west, providing both domestic and international flight connections, whilst Manchester Airport is accessible via the M62 motorway network and provides extensive global connectivity.
Brochures
No.1 Midpoint Business Park, 1 Mid Point, Thornbury, Bradford, BD3 7AY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- New Pudsey Station1.1 miles
- Bradford Interchange Station2.0 miles
- Bradford Forster Square Station2.0 miles
Notes
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