Navigation Walk, Wakefield, West Yorkshire, WF1

TO LET
COMMERCIAL PREMISES
THE ANNEXE, 2 NAVIGATION WALK, WAKEFIELD, WF1 5RH

GROUND FLOOR OPEN PLAN ACCOMMODATION AMOUNTING TO A NET INTERNAL AREA OF 63M2/678FT2, AVAILABLE ON FLEXIBLE TERMS SUBJECT TO NEGOTIATION.

RENT £8,000 PER ANNUM EXCLUSIVE

DESCRIPTION
The ground floor studio forms part of a wider block of various other units and is suitable for a variety of uses, subject to any necessary consents. Amounting to 63m2/678ft2. The accommodation benefits from separate access, air-conditioning, and largely carpeted floors. There are shared wc facilities within the wider attached block, accessible separate to the unit itself.

LOCATION
Located off the A638 a major trunk road around Wakefield centre the property is well situated along the River Calder, immediately south of the Tileyard North business park development and the Hepworth Museum. Wakefield is located within the West Yorkshire Conurbation offering excellent transport links to the surrounding Towns and Cities and the UK as a whole by way of the M1, M62 and the main North Eastern Rail Link to London which is just two hours away.

BUSINESS RATES
The property will need reassessing in due course. The standard rating multiplier for the year 2024/2025 is 54.6p in the pound (0.546). The small business multiplier is 49.9p in the pound (0.499). Individual occupiers may also benefit from small business rate relief and transitional relief. More information in respect of rates can be obtained from the appropriate Local Authority and the Valuation Office Agency website,

VAT
We understand the property is not presently elected for VAT. The landlord reserves the right to elect the property for VAT. All figures are quoted net of VAT.

LEASE TERMS
The unit is available on a new sub-lease contracted outside of the Landlord and tenant Act 1954 for a minimum initial term of 12 months and a maximum term up to 27th July 2028. The rent is £8,000 per annum, exclusive of outgoings. Any lease is to be on a Tenant internal repairing basis and the Tenant is to contribute to the landlord’s reasonable buildings insurance costs.

PLANNING
The existing planning use is likely to fall within Class E of the Town and Country Use Classes Order 1987 as amended. Interested parties should satisfy themselves by way of enquiry to the Local Authority, Wakefield Metropolitan District Council that their proposed use is acceptable.

SERVICE CHARGE
The unit is subject to a service charge of £1,000 per annum, in conjunction with the wider offices as a whole.

SERVICES
The property has mains single phase electricty and water. There is heating by way of an AC system. There is no gas supply.

ENERGY EFFICIENCY RATING
An Energy Perfromance Certificate is available upon request.

VIEWING
By prior telephone appointment through the agents.