The Maltings, Harropwell Lane, Pontefract, West Yorkshire, WF8

Guide Price: £175,000

For sale by unconditional online auction starting on 25th November at 10:00 and ending on 25th November at 11:00

For Sale by online Auction, bidding opens Wednesday 25th November at 10:00am. An exceptional residential or commercial development opportunity in the heart of Pontefract. The Old Malting comes with outline planning permission (Ref: 23/01563/OUT) to demolish the existing building and erect eight brand new two-bedroom apartments.

**Potential Commercial Redevelopment Subject to Planning**

Purchasers may wish to explore the potential to create up to four units through redevelopment of the existing building. Options could include full demolition or partial demolition and rebuilding, which may offer a more cost-effective approach for investors or developers. **No planning application has been submitted for commercial redevelopment or this alternative scheme.** Any proposals would be subject to planning permission and all necessary consents. The accompanying AI-generated image is illustrative only and does not represent an approved scheme or guaranteed outcome.

**Residential Development Opportunity**

Outline planning permission (Ref: 23/01563/OUT) is in place for demolition of the existing building and construction of eight two-bedroom apartments, each with a private garage.

The property is currently occupied for storage under a rolling tenancy, with a stated rent of £800 per calendar month. A demolition quotation of £21,000 in 2025 has been obtained. An indicative gross development value of approximately £1,200,000 has been reported based on local estate agent valuations; purchasers should undertake their own assessment.

Located close to Pontefract town centre, Pontefract Hospital and local transport links.

All information is provided for guidance only. Purchasers must make their own enquiries and obtain independent professional advice regarding planning, development feasibility, costs, rental income and potential values before bidding.

Tenure:
Freehold

Council:
Wakefield Council

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.

Disclaimer:
The particulars and information relating to this property have been prepared by OLAPA Ltd in good faith and are provided for general guidance only. While every effort has been made to ensure that the details are accurate and reliable, OLAPA Ltd makes no warranty, representation, or guarantee as to their accuracy, completeness, or suitability for any purpose.
All measurements, descriptions, plans, photographs, and other information are believed to be correct but are not guaranteed and should not be relied upon as statements or representations of fact. Any plans, images, or illustrations are for identification and illustrative purposes only.
Prospective purchasers and bidders are strongly advised to carry out their own independent inspections, investigations, and due diligence, including obtaining professional advice where appropriate, prior to bidding or entering into any purchase agreement.
OLAPA Ltd acts solely as auctioneer and accepts no liability for any errors, omissions, or inaccuracies contained in the property particulars, or for any loss or damage arising from reliance upon them. No employee or representative of OLAPA Ltd has authority to make or give any representation or warranty in relation to the property.
Participation in the auction and any subsequent purchase is undertaken entirely at the bidder's own risk.