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Lakeside, Doncaster, UK

Keepmoat

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Overview

The property is located on Lakeside Boulevard, Doncaster and is approximately 32 miles south east of Leeds. It is a modern office building, constructed in 2006, comprising 17 557 sq ft of high specification office accommodation with unobstructed views across the 50 acre lake. The property is leased to Keepmoat UK Ltd, and houses their UK headquarters. The lease expires in February 2031. Keepmoat is a national market leader in sustainable community regeneration, housing and responsive repairs to the UK housing industry.

Location

Lakeside, Doncaster, UK

Building use

High specification office accommodation over 3 floors, used as national headquarters.

Size of building

17 557 square foot offices, 325 square foot balconies

Tenant

Keepmoat UK Limited

Lease expiry date

3 February 2031, with tenant break in Feb 2028 subject to 12 months advance notice

Acquisition yield

6.75%

Type of lease

Fully repairing and insuring (ie tenant responsible for all operating costs), with compounded RPI linked rent reviews, effective 5 yearly, Collared and Capped at 2% and 4% pa respectively

Location

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