An opportunity to acquire land and railway arches which are currently let to a neighbouring operator at £983pcm, equivalent to approximately £12,000 per annum under a tenancy at will which will cease upon completion to a new purchaser. Our understanding is the arches are currently used for storage of machinery and materials.

Location

The site is situated adjacent to Huddersfield Road immediately underneath the former railway viaduct which now carries the Spen Valley Cycle Route with the River Calder running on the opposite side. The immediate surrounding area is a mixture of industrial and residential some 1.5 miles south of Dewsbury.

Approx Site Area

Approximately 0.4 Acres (0.1 Hectares)

Tenancy

The site is let on a tenancy at will basis to Lawton Yarns at a current rent of £983.33pcm.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

VAT

VAT is applicable in addition to the purchase price

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH MARCH AND CLOSES ON WEDNESDAY 27TH MARCH.

3. Interested parties are advised there is currently no vehicular access to the site without crossing neighbouring land which isn't included within the title. No current pedestrian right of way has been created although the land adjoins Huddersfield Road and access could be installed, subject to necessary consents or approvals.

Addendum

The current tenancy at will expires upon the legal completion to a new vendor

For the avoidance of any doubt there is no current vehicular or pedestrian access to the site, which adjoins the footway forming part of Huddersfield Road, owned by the Council of the Borough of Kirklees. There is no third party owned land between the site and Huddersfield Road and no additional rights are required to access the Property from Huddersfield Road. Please note that the boundary between the Property and Huddersfield Road is currently marked by a low stone wall topped by a metal fence which the Seller believes forms part of the subject site. A gate or other opening would need to be created in this wall/fence in order to allow for easy pedestrian access direct from Huddersfield Road to the Property, but the Seller does not believe that such work would require the consent of any third party

VAT is payable in addition to the purchase price