Unit 1, Junction 30 Business Park, Wakefield, WF3 3QW

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REF NUMBER: AI216829

Unit 1, Junction 30 Business Park, Wakefield, WF3 3QW

Agent's Details

Jake Pygall

T: 07795 237 286

23,353 SqFt

(2,170 SqM)

For Sale On Application 
  • 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.

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.

Unit 1, Junction 30 Business Park, Wakefield, WF3 3QW

Agent's Details

Jake Pygall

T: 07795 237 286

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.