Harropwell Lane, Pontefract, West Yorkshire, WF8

A rare opportunity to acquire a substantial commercial premises in a prominent and well-connected Pontefract location, currently producing immediate rental income and offering excellent longer-term asset management potential.

The Old Malting is presently occupied by an established tenant using the building for storage purposes, generating £800 per calendar month on a rolling tenancy. This provides a purchaser with instant income from day one, while retaining flexibility for future plans.

The property has strong local presence and lends itself to a range of commercial strategies. Investors may wish to continue the current storage use, enhance the existing income stream, or explore alternative uses subject to the necessary planning consents. With its size, accessibility and established commercial function, the building may suit a variety of occupiers including storage, workshop, trade counter, office or other business uses (subject to consent).

Key Highlights
Substantial commercial building in a central Pontefract position
Currently let to an established storage tenant at £800pcm
Immediate holding income from completion
Flexible month-to-month tenancy arrangement
Scope to retain as an income-producing commercial investment
Potential for alternative commercial uses, subject to planning
Excellent commuter location with superb links to Leeds, Wakefield, Doncaster and York
Within a short walk of Pontefract Hospital - a major local employer
Close to town centre amenities including shops, cafés, restaurants and services
Rare additional benefit of outline residential planning permission for redevelopment
Commercial Opportunity

The Old Malting offers buyers the chance to secure an established premises with income already in place, while assessing future options at their own pace. The current tenancy helps offset holding costs and creates a straightforward short-term return.

Commercial buildings with this level of flexibility are increasingly hard to find. The existing structure is already functioning successfully as storage accommodation, but the site could also appeal to owner-occupiers or investors seeking to repurpose the building for alternative business uses, subject to planning approval.

Whether retained as a long-term investment or repositioned for a different commercial strategy, the property provides multiple angles for value creation.

Location - Pontefract, West Yorkshire

Pontefract is a popular and historic market town with excellent connectivity and a strong local economy. The property is well placed for access to the A1(M) and M62 motorway networks, allowing convenient travel to Leeds, Wakefield, Doncaster and York.

Three nearby railway stations - Pontefract Monkhill, Baghill and Tanshelf - provide further regional connectivity, enhancing appeal for both businesses and employees.

Pontefract Hospital is within approximately five minutes' walk, creating strong local demand and supporting the wider commercial environment. The town centre offers a wide range of amenities, while nearby attractions such as Junction 32 Outlet Village, Xscape Leisure Complex, Pontefract Racecourse and Pontefract Castle add to the area's appeal.

Residential Development Opportunity

In addition to its commercial strengths, the property also benefits from outline planning permission (Ref: 23/01563/OUT) to demolish the existing building and construct eight brand new two-bedroom apartments, each with its own private garage.

This approved scheme presents a compelling future redevelopment angle for purchasers seeking residential exit value. Two independent local estate agents have assessed the completed Gross Development Value at approximately £1,200,000, underlining the strength of the opportunity.

A demolition quote of £21,000 has also been obtained, providing useful clarity on initial redevelopment costs.

Summary

The Old Malting is an attractive commercial investment with immediate income, flexible future use potential, and the added security of a valuable residential development consent already in place. Opportunities combining existing cash flow, commercial adaptability and significant redevelopment upside are seldom available in such a convenient and well-connected location.

lans/Areas & Boundaries The areas and plans attached to these particulars have been produced in good faith. They are for illustrative purposes only and their accuracy is not guaranteed. The successful purchaser will be deemed to have full knowledge of all boundaries and neither the Vendor nor the auctioneer will be responsible for defining the boundaries for the ownership thereof.

UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 5%+VAT (subject to a minimum of £5,500+VAT) buyer's premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

PRE AUCTION OFFERS ARE CONSIDERED
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

SPECIAL CONDITIONS
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the 'LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.