Offers Around £475,000

Crigglestone Industrial Estate, Wakefield

Freehold industrial / trade warehouse / commercial unit
Approx 5435 sq ft net internal floor area
High quality, versatile and air conditioned work space
Ideal for investor or owner occupier
Mezzanine and additional covered storage
Secure compound / forecourt and ample parking
Separate workshop with potential to upgrade

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Property Floorplan

Property Location

Typical monthly mortgage repayment with Mortgage Advice Bureau: £1853

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Property Details

PROPERTY DETAILS
Now offered for sale is this modern industrial / warehouse / commercial unit with offices, storage and parking offering 5435sq ft of high quality air-conditioned workspace. The unit is offered for sale freehold and would be ideal for both an investor or owner occupier. The property is situated on Crigglestone Industrial Estate on the outskirts of Wakefield and minutes from Junction 39 of the M1 motorway.

SIZE
Our measurement of the unit indicates a net internal floor area of approximately 5435 sq ft (505m2) plus an additional 645 sq ft (60m2) of covered storage. Please refer to the floorplans for approximate sizes and indicative layout.

TENURE
Freehold sale with vacant possession of the workshop, offices and external areas. The self contained cafe is currently tenanted with approximately 4 years remaining of a 5 year lease, achieving £180 rental income per week.

WORKSHOP
Approximately 2745 sq ft high quality floor area with further 1195 sq ft mezzanine store room above. The workshop benefits from 3 phase electric, air-conditioning, painted concrete floor and walls, bright LED lighting set into modular suspended ceiling, and electric roller shutter door. The headroom within the main area is 4.29m with clear headroom of 2.18m under the mezzanine. The roller shutter door has an opening width of 2.98m and open height of 3.6m. The mezzanine inludes a WC and high level loading doors.

OFFICES
Attractively presented single storey air conditioned office building having a floor area of approximately 720 sq ft (66.8m2). comprising a reception area, open plan office and private office together with WC and staff kitchen facilities. The office benefit from contemporary glass partitions to the reception entrance and private office and the windows and entrance door are fitted with electric security shutters.

EXTERNAL AREAS
The property includes a secure yard area with ample parking and space for storage containers, etc. A covered lean-to storage area has been created to the side and rear of the building maximising useable space. In addition, there is a smaller secure yard area to the side of the cafe. To the front of the offices and cafe there is an open tarmac carpark suitable for staff and visitors.

CAFE
The property incorporates within its footprint a 547 sq ft (50.8m2) self contained cafe which has successfully traded for a number of years, providing additional rental income. This well presented and maintained unit incorporates a dining area, kitchen, sales counter and customer WC, and benefits from matching electric roller shutters to the front windows and entrance door.

RATEABLE VALUE
The property is currently subdivided into three for the purposes of business rates. The workshop has a rateable value of £8,300, the offices have a rateable value of £5,500 and the cafe has a rateable value of £4,950, all effective from April 2023. Note that some of the areas used to calculate the rateable value differ from the measurements taken by FSL and therefore may be subject to reassessment in the future.

ENERGY PERFORMANCE RATING
The property has an EPC rating of C (72).

VAT
We are advised that the agreed sale price will not be subject to VAT.

VIEWINGS
For further details and to arrange a viewing, please call our friendly team on 01924 200101. Please note that viewings are only available by prior appointment only.

IMPORTANT INFORMATION
These particulars are intended only as general guidance. The Company therefore gives notice that none of the material issued or visual depictions of any kind made on behalf of the Company can be relied upon as accurately describing any of the Specified Matters prescribed by any Order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.