Industrial for sale in Unit 1, Junction 30 Business Park, Ouzlewell Green, Wakefield, West Yorkshire WF3

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Industrial for sale

23,353 sq. ft*

Property features

  • Detached Warehouse/Industrial unit measuring c.23,353 Sq Ft (2,169.58 Sq M).
  • Large, secure, dedicated yard which is c.0.5 acres. Total plot size is c.1.27 acres.
  • Superb location, off J30 of the M62.
  • 1 ground & 1 dock level loading door.
  • 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.
  • A guarantor of Hydramatic Source & Supply Ltd.
  • 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.

Property description

Detached Warehouse/Industrial Unit with Large, secure, dedicated yard which is c. 0.5 acres in a prominent position with close proximity to the M62.

Location Highlights

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.

EPC

The property currently has an EPC rating of d-94. The EPC is available on request.

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.

Bullets Points 1

Detached Warehouse/Industrial unit measuring c.23,353 Sq Ft (2,169.58 Sq M).

Bullets Points 2

Large, secure, dedicated yard which is c.0.5 acres. Total plot size is c.1.27 acres.

Bullets Points 3

Superb location, off J30 of the M62.

Bullets Points 4

1 ground & 1 dock level loading door.

Bullets Points 5

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.

Bullets Points 6

Initial Passing rent of £151,794.50 pax, with five yearly reviews, which are upward only to market rent.

Bullets Points 7

A guarantor of Hydramatic Source & Supply Ltd.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Avison Young - Industrial, EC2V on +44 20 7768 2913 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Avison Young - Industrial, and do not constitute property particulars. Please contact Avison Young - Industrial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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