WakefieldUnit B, Cathedral Retail Park Location

This location is the primary area of retail warehousing with X Retail Park and Y Retail Park being located in the immediate vicinity.

Wakefield is strategically located in the heart of West Yorkshire, approximately 7 miles South of Leeds and 10 miles North of Barnsley

Cathedral Retail Park is located immediately due South of Wakefield City Centre and fronts Charlesworth Way which in turn links with Denby Dale Road, Ings Road and Westgate. Other retailer of the park include Argos Extra, Comet, Carpetright, Brantano and McDonalds with Westgate Retail & Leisure Park providing approximately 211,000 sq.ft of further retail accommodation being located on the opposite side of Charlesworth Way.

Access to the M1 junction 39 and the national motorway network is provided by the A636 Denby Dale Road.

Description

The premises provide a mid-terrace retail warehouse unit with a prominent central entrance sited between B & Q and Staples.

Floor areas

The property comprises of the following approximate gross internal floor areas and dimensions:
Ground Floor 8,013 sq.ft (747 sq.m)

Lease

The property is currently held on a 25 year effectively full repairing and insuring lease dated 20th February 1996 subject to 5 yearly upward only rent reviews. (The property is currently let on a temporary occupation basis to Al Murad Tile).

The current rent passing is £115,00 per annum exclusive.

Planning

We understand from our clients that the unit benefits from A1 (Bulky Goods) planning consent.

Rateable value

Please enquire with Wakefield Borough Council on (01977 727121) but we understand that the premises has been assessed for rates as follows:-

Rateable Value 2010/2011: £126,000

Legal costs

Each party to bear their own legal costs in respect of all legal documentation produced in this transaction.

Further information / viewing

Please note staff are unaware of this proposed disposal and as such all viewing arrangements and requests for further information should be made via Ian Gill of Mowbray Gill on 01244 409555 or our joint agent Chris Chetwood of Mason & Partners (0151 227 1008)

Brochure

View full brochure (PDF 380kb)

Contact

Ian Gill – ian@mowbraygill.co.uk