Offers in the Region Of £1,250,000

King Street, Pontefract

  • Freehold commercial investment property
  • Rental income of approx £100K per annum
  • 1.3 acre site area
  • Redevelopment potential
  • Approx 41,270 sq ft net internal floor area
  • Currently split into 6 units
  • Operates as Royal Business Park

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Property Location

Typical monthly mortgage repayment with Mortgage Advice Bureau: £4875

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Property Details

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.

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