£300,000

Office for sale

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Leasehold

Offers over

£300,000

(£136.18/sq. ft)

Office for sale

Unit 1, Appleton Court, Thomas Maddison Lane, Calder Park, Wakefield WF2

2,203 sq. ft

Local area information

Property location

Nearby amenities

  • Crigglestone St James CofE Primary Academy 0.6 miles
  • Hendal Primary School 1 mile
  • Sandal & Agbrigg 1.7 miles
  • Wakefield Westgate 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • £300,000 a niy of 9.76%
  • Well let investment to 2 tenants producing £30,237 p.a.
  • Long Leasehold 999 years
  • Part of the popular Calder Park development
  • Exceptional parking ratio with 15 spaces
  • Strong potential for future rental growth
Description

Unit 1, Appleton Court comprises a modern two storey brick built end terrace office building set within a pleasant landscaped business park environment overlooking a central lake feature. The office space benefits from a modern specification and an exceptional car parking ratio of 15 spaces.

Location

Appleton Court is situated just off Junction 39 of the M1 within the Calder Park development, a popular and well established commercial location. The property is approximately 1.4 miles East of Wakefield city centre and 13 miles South of Leeds city centre. The property offers easy access to the national motorway network.

Viewings

Viewings are by prior appointment with sole agents wsb - Contact: David Watson or Robin Beagley

Terms

Unit 1 Appleton Court is offered for sale long leasehold 999 years (nil ground rent) with the benefit of the existing leases at a price of £300,000 + VAT representing an attractive net initial yield of 9.76% after purchasers costs of 3.33%.

Leases & Rent

The property is let to 2 tenants on Fri leases as follows:

• Ground floor - Let to Nord Gear Ltd until 19 November 2028 at an annual rent of £13,902 + VAT (£14 sq.ft)
• First floor - Let to aem Building Services Ltd until 5 December 2026 at an annual rent of £16,335 + VAT (£13.50 sq.ft)
• total rent = £30,237 per annum exclusive

Further lease and tenancy details available upon request.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - WSB Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact WSB Property Consultants for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Wakefield
  5. Durkar
  6. Appleton Court