Unit 1, Junction 30 Business Park, Ouzlewell Green, Wakefield, WF3 3QW
- SIZE AVAILABLE
23,353 sq ft
2,170 sq m
- SECTOR
Light industrial facility for sale
Key features
- c.23,353 Sq Ft (2,169.58 Sq M).
- Large, secure, yard area.
- Yard area c.0.5 acres.
- Superb location.
- Access to J30 of the M62.
- 1 ground & 1 dock level loading door.
- A guarantor of Hydramatic Source & Supply Ltd.
- Total plot size is c.1.27 acres.
Description
The property is a self-contained modern, traditionally constructed unit of steel portal frame construction warehouse under a pitched roof, with brick elevations. The property currently has 1 ground and 1 dock level loading door. With a convenient location and an area of 23,353 sq. ft, this property is perfect for usage as an industrial unit.
The property is entirely let to Easi-Keg Solutions Ltd on a new 15 year lease, with a tenant only break option in year 10. Initial Passing rent of £151,794.50 pax, with five yearly reviews, which are upward only to market rent.
We are instructed to seek offers of £1.8M (One Million, Eight Hundred Thousand Pounds) subject to contract and VAT. A Purchase at this level reflects a Net Initial Yield of 7.9% assuming purchaser/s costs of 6.28%. This reflects a capital value of £77 psf.
Location
Junction 30 Business Park is midway between the conurbations of Leeds & Wakefield, situated equidistant between Junctions 29 & 30 of the M62 (both less than 2 miles away), with the former being the 'Lofthouse Interchange' that links direction to Junction 42 of the M1, providing superb links to the wider transport network.
VAT
VAT will be payable at the prevailing rate on any transaction. The property is elected for VAT and we envisage that any transaction will be conducted as a Transfer of a Going Concern.
Legal Costs
Each party to pay their own costs.
Services and Planning
We understand that all mains' services are connected, including electricity (3-phase), gas, water and drainage.
We understand the property has consent for Use class E and B2/B8.
Brochures
Unit 1, Junction 30 Business Park, Ouzlewell Green, Wakefield, WF3 3QW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Outwood Station1.5 miles
- Woodlesford Station2.5 miles
- Normanton Station3.5 miles
About Avison Young (UK) Limited, Avison Young Industrial 2
Gresham Street London EC2V 7NQ
Notes
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