Unit C2, Telford Way, Wakefield 41 Industrial Estate, Wakefield, WF2 0XW
37,118 Sq Ft / Industrial / General Industrial
For Sale
Available - Last updated: 24 June 2024
Summary
The property is located on the well established Wakefield 41 Industrial Estate, which is recognised as one of the prime locations within the Yorkshire distribution market. It benefits from excellent connectivity, situated between Leeds and Wakefield, just off Junction 41 of the M1, which is one junction below the M1 / M62 intersection. It comprises a modern warehouse unit, with an adjacent two storey office, and a secure yard and car park. The warehouse unit is of 2 storey steel portal frame construction, with brick / block cladding at lower level, and profile metal cladding above. The haunch height is 6.7m and eaves 7.6m. There are LED and strip lighting, together with hot air blower heaters in the warehouse area. Loading access is via 3 dock and 2 ground level doors. The office section provides high quality accommodation over 2 floors, mainly open plan, with some individual offices and meeting rooms. Externally, the service yard is concrete surfaced, and secured by way of hinged palisade gates. There are 40 car parking spaces.
Key Points
A single modern steel portal frame warehouse unit extending to a GIA of 37,118 sq ft.Secure self contained site, with the unit having an eaves height of 7.6m, 3 dock level and 2 ground level access doors, and a 2 storey office section.The property will be sold with a new FRI lease (with a Schedule of Condition) for a term of 10 years, at an annual rent of £270,000 (£7.27 psf).Freehold.Offers are invited in the region of £3.9M, subject to contract and exclusive of VAT. This price reflects a Net Initial Yield of 6.5%, and purchasers costs of 6.53% and a capital value of only £105 psf.
EPC
The property has just been assessed, and has a rating of C58. Documentation is available on request.
Local Authority
Wakefield
Location
Prime Yorkshire warehousing and distribution location on the Wakefield 41 Industrial Estate, just off Junction 41 of the M1 Motoway.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
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£0.00
| NA |
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