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