Offers are invited for this freehold investment property which comprises a substantial former printworks and box manufacturing plant which is currently sub-divided into 5 commercial units, together with further separate commercial property and large storage yard / carpark. The premises achieve an annual rental income of approximately £100,000 and the site benefits from having re-development potential, subject to achieving the necessary consents. For all enquiries contact FSL Estate Agents on 01924 200101.
Royal Business Park is located on King Street in a predominantly residential area, within the market town of Pontefract. King Street is accessed off Wakefield Road and allows easy road links to the region via both the M62 and A1M motorway networks. In addition, Pontefract Tanshelf railway station is within walking distance of the premises.
The business park occupies a site totaling approximately 1.3 acres with a net internal floor area of 3834 m2 (41270 sq ft)
Freehold. Note that we have not had sight of the lease documents for existing tenancies and any potential purchaser should carry out their own due diligence on the current lease arrangements.
UNITS 1 & 2
Two storey warehousing and office unit listed by the VOA as having a net internal floor area of 2053 m2, a rateable value of £34000 and EPC rating of D. The unit is currently advertised for rent with a proposed rental income of £50K per annum.
UNITS 4 & 4A
Single storey workshop units listed by the VOA as having a combined net internal floor area of 697m2 with seperate rateable values of £12,250 for Unit 4 and £10,000 for Unit 4A. The EPC rating is B and the units are rented to a joinery company achieving a combined rental income of £16,000 per annum.
Single storey workshop, listed by the VOA as having an internal floor area of 353m2, rateable value of £12,000 and EPC rating of E. The unit is rented to a car detailing specialist with rental income of £12,000 per annum.
Single storey workshop, listed by the VOA as having an internal floor area of 293m2, rateable value of £12,000 and EPC rating of D. The unit is rented to a motor mechanic with rental income of £12,000 per annum.
14A KING STREET
Single storey commercial unit which stands away from the main building and is currently rented by a bakery achieving £11336 per annum. The VOA lists the property as having a net internal floor area of 287 m2 and having a rateable value of £11,250.
We have been advised that all mains services are connected to the premises to include both single and three phase electric, gas, water and mains drainage.
We have been advised that property is exempt from VAT and therefore VAT will not be charged on the sales price.
For further information and to arrange a viewing, contact our friendly commercial team on 01924 200101. Please note that as the units are tenanted, viewings are by prior appointment and we ask that sufficient time is allowed for viewings to be organised.
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.
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