A freehold high street retail investment in central Pontefract is being offered at the upcoming Acuitus commercial property auction on October 30.
The 27,796 sq ft freehold property, situated at 43-45 Market Place in central Pontefract, is being offered with a guide price of £750,000.
The property, which produces £70,000 in annual rental income, is a three-storey building, providing ground floor retail accommodation together with ancillary accommodation on the basement and first floors, along with rear car parking and access via Southgate.
Charlie Powter of Acuitus said: “This asset sits prominently in Pontefract’s retail centre, offering investors a substantial piece of retail property that benefits from reliable rental income from a long-established tenant.”
The Acuitus auction will take place at 12pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and by proxy.