Unit 1, Appleton Court, Thomas Maddison Lane
Calder Park, Wakefield, WF2 7AR
2,203 sq ft Enquire NowA well let office Investment on this popular and conveniently located business park just off J39 of the M1
Summary
- £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
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground - Floor | 993 | 92.25 | Available |
| 1st - Floor | 1,210 | 112.41 | Available |
| Total | 2,203 | 204.66 |
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.
Get directions from Google Maps
Mainline Stations
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Sandal and Agbrigg33 mins
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Wakefield Westgate40 mins
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Wakefield Kirkgate41 mins
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Outwood82 mins
Underground Station
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Chesham2702 mins
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Amersham2744 mins
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Chalfont and Latimer2762 mins
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Chorleywood2789 mins
Further Information
Price Offers from £300,000
Rates Payable Upon Enquiry
Service Charge n/a
EPC Rating This property has been graded as B
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.
Viewings
Viewings are by prior appointment with sole agents WSB - Contact: David Watson 07733 895929 or Robin Beagley 07733 895927
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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