Land

The property is a substantial building in Pontefract, currently used as storage premises with a tenant paying £800 per calendar month in rent. Located in the heart of the town, it has excellent transport links, being within 5 minutes' walk of Pontefract Hospital and access to the A1(M) and M62 motorways. The site has outline planning permission to erect eight brand new two-bedroom apartments with private garages, and a Gross Development Value (GDV) of approximately £1,200,000, suggesting a strong investment opportunity. Each apartment would feature its own garage, a highly desirable feature in the modern apartment market. The site's potential is further enhanced by its historic town centre location, with nearby schools, shops, restaurants, and leisure facilities, making it an attractive location for buyers and renters.