Station Ln
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Station Ln
22,960 SF 100% Leased Office Building Pontefract WF7 6EQ For Sale
Investment Highlights
- The property is situated on the west side of Station Lane, north of Featherstone Town Centre
- The immediate surrounding area is a mix of industrial, office and residential accommodation
- The property benefits from excellent connectivity to the national motorway network with Junction 31 of M62 Motorway
Executive Summary
The property comprises a modern detached industrial warehouse and HQ style office of steel portal frame construction with a combination of brick and profile metal clad elevations, which is surmounted by an insulated pitched profile metal roof with translucent roof panels.
The main warehouse is let to Fractal Group Limited (14995446) for a term up to and including 3 March 2025 at a passing rent if £78,025 per annum exclusive (£3.40 psf). The lease is drawn on Full Repairing and Insuring terms and is contracted outside of the Landlord and Tenant 1954 provisions. There is a telephone mast let to Cornerstone Telecommunications Infrastructure Limited for a term of 10 years until 7 April 2030. The rental income is £2,215 per annum.
The site has planning permission to demolish and construct eight brand new units totaling approximately 10,183 sq ft. The planning reference is 21/00916/FUL.
The main warehouse is let to Fractal Group Limited (14995446) for a term up to and including 3 March 2025 at a passing rent if £78,025 per annum exclusive (£3.40 psf). The lease is drawn on Full Repairing and Insuring terms and is contracted outside of the Landlord and Tenant 1954 provisions. There is a telephone mast let to Cornerstone Telecommunications Infrastructure Limited for a term of 10 years until 7 April 2030. The rental income is £2,215 per annum.
The site has planning permission to demolish and construct eight brand new units totaling approximately 10,183 sq ft. The planning reference is 21/00916/FUL.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
22,960 SF
Building Class
C
Year Built
1985
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,653 SF
Slab to Slab
9 ft
Building FAR
0.39
Land Acres
1.36 AC
Parking
30 Spaces (1.31 Spaces per 1,000 SF Leased)
Amenities
- EPC - D
- Storage Space
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Matt Jackson -
Lambert Smith Hampton
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Station Ln
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