COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 24 March 2021 | Lot 2

Jack's Yard, Spawd Bone Lane, Knottingley, West Yorkshire, WF11 0JG

*Guide | £120,000 + (plus fees)

  • Light Industrial
  • Tenure: Freehold

Call the team on 0113 393 3482 for more information

Auction Date

Wed 24/03/2021

Auction Time

14:00

Auction Venue

Live Stream Auction

This detached industrial unit totals approximately 418 sq m ( 4,500 sq ft) is currently let to a long standing tenant of thirteen years and achieving a modest rental income of £10,400 per annum. The rent has gone unchanged during this period and we have been advised that the tenant is looking to vacate the premises on the 30th of April 2021. The unit is made up of predominantly open plan warehouse space with a workshop, two storey offices, staff kitchen and WC’s. There seller has advised us that there is a vehicle maintenance pit within the warehouse that was previously used for large commercial vehicles. There are two roller shutter doors to the front elevation with pedestrian access granted to both the warehouse and office areas. Externally the property sits on a generous plot and although the majority of the yard is situated at the front, there is usable space to all four sides. The property is tucked away off Spawd Bone Lane with the A1 and M62 motorways just a short drive away. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Tenure

Freehold

Ground Floor

Warehouse, workshop, offices and store

First Floor

Offices

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.

Local Authority

Wakefield Metropolitan District Council

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.