REDEVELOPMENT OPPORTUNITY

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FOR SALE

INVESTMENT / REDEVELOPMENT OPPORTUNITY

ROPERGATE, PONTEFRACT, WF8 1LY \ Prominent roadside location. \ Ideal refurbishment / redevelopment opportunity. \ Low Capital value of £21 per sq.ft.

AVAILABLE SPACE 1,388.4m² (14,945sq ft)

LOCATION

RATEABLE VALUE

Pontefract is approximately twelve miles south east of Leeds and two miles south of junctions or the M62 and A1. The property is situated in a prominent corner position fronting the A639 Jubilee Way. Ropergate provides a mixed use area incorporating retail and offices. The A639 provides access to Castleford and the M62.

Description / Snooker Hall & Premises Rateable Value / £11,000

Description / Cinema & Premises Rateable Value / £1,000

DESCRIPTION The property comprises a 3 storey stone and brick built building providing dance hall and snooker accommodation. The building also comprises a former cinema with a stepped cinema viewing area, projector room and WC’s. Each floor plate provides the following approximate gross internal areas: 2

UNIT Basement Ground Floor First Floor Second Floor TOTAL

M 46.8 484.8 667.1 189.7 1,388.4

SQ FT 471 5,218 7,180 2,042 14,945

VAT Prices and rental are exclusive of VAT if chargeable.

TERMS We are instructed to seek offers in excess of £325,000 for our client’s freehold interest.

LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction.

VIEWING

The following tenancies are in place: UNIT

TENANT

TERM

PASSING RENT (£PA)

Ground Floor Snooker Hall Ground Floor First Floor

Pontefract Cue Club

5 years expiring 12.10.13

£14,000

Castle Dwellings Dance Hall

Annual

£1,352 £5,200

Advertising Hoarding

JC Decaux

Annual lease from 30.6.12 Annual TOTAL

£22,052

0113 241 0940

Description / Ballroom & Premises Rateable Value / £6,200

£1,500

By prior arrangement with the agents: Eddisons Tel / 0113 241 0940 Email / [email protected] Email / [email protected] REVISED AUGUST 2017 SUBJECT TO CONTRACT FILE REF / 711.3249A