Savills · 21 Oct 2026 · in 3 days
Freehold Industrial Recording Studio Investment and part Long Leasehold Land
Unit 3 Media House, Hockney Road Industrial Estate, Bradford, West Yorkshire BD8 9HQ · Yorkshire and the Humber
LiveIndustrialFreeholdLet
- Guide
- £400,000
- Rent a year
- £58,612
- Yield on the guide
- 14.7%
- Payback
- 6.8 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 8,038 sq ft£7.29 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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 19 Jan 2026 (certificate 0063-4447-8709-5835-1237). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold industrial lot in Bradford. Producing £58,612 a year, a 14.7% gross yield at the guide.
Freehold Industrial/Recording Studio Investment Comprises approximately 746.71 sq m (8,038 sq ft Investment let at £58,612.08 pa (14.65% on Guide Price). Freehold Industrial Recording Studio Investment and part Long Leasehold Land. Entirely let to Pirate Studios Limited with the lease expiring in 2034 (no breaks). RPI linked rent reviews every 5th (1% & 4% cap and collar), next review date April 2029. Comprises 746.71 sq m (8,038 sq ft) over ground floor industrial unit and ancillary first floor office. The tenant has fitted out the building as Recording, DJ and Band Studios. Low Capital Value on Guide Price (£49.76 psf). VAT-Free Investment. Investment let at £58,612.08 (14.65% on Guide Price). The property comprises a substantial ground floor industrial unit with ground and first floor offices arranged as a recording studio. The property includes a section of long leasehold land (marked in blue). Tenancy: Let to Pirate Studios Limited on a 15 year FRI lease from 15.04.2019 expiring 14.04.2034 . The lease provides for a rent review every 5th year to RPI (1% & 4% cap and collar) at a rent of £58,612.08 pa. Tenure: Freehold. Freehold of the main building and rear yard. There is also a long lease on land (used as car parking spaces) in the front yard, expiring in 2094 at a peppercorn rent. The property is located in the City of Bradford, a principal commercial centre in West Yorkshire. The property is situated to the west of Hockney Road in established industrial location with occupiers close by including Screwfix, Toolstation, Asda and a variety of local occupiers.
Figures come from Savills' 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.