Park House Rd 107,380 SF Industrial Building Bradford BD12 0QB $11,916,259 CAD ($110.97 CAD/SF) 7.23% Cap Rate

This investment offers an opportunity to acquire a substantial single-let industrial property in Bradford, one of West Yorkshire’s leading manufacturing and distribution hubs. The site extends to approximately 7.4 acres and includes three detached industrial buildings with extensive yard areas, currently used for the production of armoured subsea cable for global energy infrastructure markets. Let on a Full Repairing and Insuring lease to Bekaert Bradford UK Limited until July 2037, guaranteed by NV Bekaert SA, the asset provides long-term, index-linked income security.
Recent capital investment exceeding £3.5 million underscores the tenant’s operational reliance on this location, further validated by more than £100 million of bespoke plant and machinery installed on site. The property’s proximity to the M606/M62 motorway network ensures seamless connectivity across the North of England and beyond, making it integral to the tenant’s UK operations.
We are instructed to seek offers in excess of £6,500,000, reflecting a Net Initial Yield of 7.23% and a low capital value of £60.50 per sq ft.