Unit 1, Junction 30 Business Park, Ouzlewell Green, Wakefield
23,353 sq ft
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.
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.
BUILDING HIGHLIGHTS
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.
