PROPERTY PARTICULARS
Offers are invited for this freehold and part tenanted investment property which comprises 2 retail shop units and self contained first floor offices. The well presented property occupies a prominent position on Ropergate within Pontefract Town Centre and achieves in the region of £24,500 when fully let. The premises would be ideal for an investor or owner occupier and offer further options to explore conversion of the loft space to maximise available floor area. For all enquiries contact FSL Estate Agents on 01924 200101.
LOCATION
The property is located on Ropergate which links the main arterial roads of Southgate and Jubilee Way within Pontefract, a popular market town within West Yorkshire. Ropergate is one of the main high streets within Pontefract Town Centre, with a significant number of independent retailers, banks and solicitors located there. The property is therefore in a location that will remain in strong demand for any potential tenants and offers excellent passing trade and an extensive catchment area.
22 ROPERGATE
Ground floor retail unit, occupied by fashion retailer. There is currently a lease in place achieving £7950 rental income per annum. The VOA website lists the premises as extending to 347.67 sq ft (32.3 m2) net internal floor area with a rateable value of £5,200 (effective from April 2023).
22A ROPERGATE
Self contained first floor office unit which are currently vacant, however are being actively advertised at £9500 per annum and have potential tenants interested. The VOA website lists the premises as extending to 988.13 sq ft (91.8 m2) net internal floor area with a rateable value of £4,650 (effective April 2023).
24 ROPERGATE
Ground floor retail unit, occupied by a hair and beauty salon business which has occupied the premises for a number of years. There is currently a lease in place achieving £7,000 rental income per annum The VOA website lists the premises as extending to 659.83 sq ft (61.3 m2) net internal floor area with a rateable value of £4950 (effective April 2023).
TENURE
Freehold.
VAT
We have been advised that property is exempt from VAT and therefore VAT will not be charged on the sales price.
VIEWINGS
For further information and to arrange a viewing, contact our friendly 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.
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.
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