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BTG Eddisons · 28 Oct 2026 · in 10 days
Light-industrial investment
Light-Industrial Investment, Commercial Mills Industrial Estate, Shipley, West Yorkshire BD17 7DW · Yorkshire and the Humber
LiveIndustrialFreeholdLet
- Guide
- £480,000
- Rent a year
- £67,100
- Yield on the guide
- 14.0%
- Payback
- 7.1 yrs
- Net yield, after buying costs
- 13.48%on £497,650 all in
- Likely to sell for
- £545,000 to £669,000half of 8 industrial lots across the UK sold in this band
- Energy rating
- E
- Size
- 15,261 sq ft£4.40 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
| Price | £480,000 |
|---|---|
| Buyer's feeinc. VAT, the house's usual fee; set lot by lot | £1,650 |
| Stamp Duty Land Taxnon-residential rates | £13,500 |
| assumption, inc. VAT | £2,500 |
| Total to own it | £497,650 |
BTG Eddisons' standard buyer's fee, from its published terms (checked 2026-10-15). BTG's bidder terms say the buyer's contribution is usually £1,650 inc. VAT and set per lot; some lots charge a percentage premium instead. A lot's special conditions can add more: check the legal pack. Tax uses non-residential rates checked 2026-10-15. Gross figures, before running costs. Not advice.
What it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
Half of the 8 industrial lots across the UK with a published price sold between 1.14× and 1.39× their guide; the middle one at 1.24×. On this guide that's £545,000 to £669,000, most likely about £594,000, which would make the net yield 10.86%.
Only some auction houses publish what lots sold for, so this sample comes from Allsop and Savills, not BTG Eddisons: treat it as a rough guide for this lot.
50% of the 34 industrial lots across the UK offered found a buyer, before or at the auction. A quarter of those sales went above the band and a quarter below it: it's a guide to the room, not a valuation.
Energy rating
- A
- B
- C
- D
- E
- F
- G
E as stated in the lot details. Check the certificate in the legal pack. Rated E: lettable today, the lowest band that is. Proposals to raise the minimum for commercial lets have been consulted on, so check what upgrades would cost.
How it compares
| This lot | Industrial, Yorkshire and the Humber | Industrial, UK | |
|---|---|---|---|
| Yield on the guide | 14.0% | 11.3% | 13.3% |
| Guide | £480,000 | £387,500 | £115,000 |
| Rent per sq ft | £4.40 | £7.27 | £6.23 |
| Live lots | 10 | 67 |
Medians of live lots with published figures, at least five per cell. Rent per sq ft includes past lots.
History
- First listed on Cornerlot 13 Oct 2026.
BTG Eddisons' record
- Sale rate
- 52%21 lots offered
- Typical price vs guide
- –0 sales with a published price
- Sold before auction
- 5
- Live lots now
- 98
About the lot
Freehold industrial lot in Shipley. Producing £67,100 a year, a 14.0% gross yield at the guide.
Lot 369, Commercial Property. Light-industrial investment. Fully-let and generating £67,100 in passing rent. Established location in Shipley town centre. Sold freehold. EPC Rating: E E D D D E D D. A freehold light-industrial investment generating a passing rent of £67,100 per annum. The property comprises an approximately 0.82 acre industrial site, fully-let and generating rent via seven leases across nine units and approximately 15,261 sq ft of floorspace, together with associated yard and parking areas. Interested parties are advised to investigate the tenancy schedule in the legal pack for further details, as well as opportunity for rental growth and asset management. The site is accessed primarily from Wharf Street, within an established commercial and light industrial area to the north of Shipley town centre. The surrounding area comprises a mix of industrial, commercial and trade occupiers, with further employment locations nearby. Shipley is an established West Yorkshire market town situated approximately 3 miles north of Bradford and 12 miles west of Leeds. The property benefits from good road connectivity, with the A650 Bradford Road providing access towards Bradford and the wider West Yorkshire road network, while the A6038 Otley Road and A657 Leeds Road provide further connections towards Leeds, Bradford and surrounding centres. The M62 and M606 are accessible via the wider Bradford road network. Occupancy: Subject to a tenancy. Accommodation: Units included within sale. Please refer to legal pack for further detail Units 1-6a Commercial Mills Unit 2 Ashley House & 1 Upper Ashley Lane Site Area: Approximately 0.82 acres Tenure: Freehold Planning: For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bradford Council Development Occupancy: Subject to a tenancy General: Draft Sales Particulars: These sales details are awaiting vendor approval. Address: Light-Industrial Investment, Commercial Mills Industrial Estate, Shipley, West Yorkshire BD17 7DW
Figures come from BTG Eddisons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.