Offers over
£300,000
(£136.18/sq. ft)
Office for saleUnit 1, Appleton Court, Thomas Maddison Lane, Calder Park, Wakefield WF2
2,203 sq. ft
Leasehold
About this property
£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.
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.
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