Summary - WAREHOUSE, WESTMORELAND GROVE YO15 2AP
1 bed 1 bath Office
Large Victorian freehold office with street frontage — investment or conversion prospect..
Freehold commercial building approx. 3,250 sq ft over multiple floors
Prominent town-centre frontage with high pedestrian footfall
Period features: bay windows, high ceilings, generous room volumes
Previously occupied by established insurance business — ready for use
Estimated rent potential c. £16,000–£21,000 per annum (guide)
Area classified very deprived with high local crime — buyer risk
Local rental market constrained; may limit high-end tenant demand
Some internal areas dated; likely require refurbishment or reconfiguration
This substantial Victorian office block extends to approximately 3,250 sq ft over multiple floors with prominent street frontage on Quay Road. The freehold building is laid out with reception, multiple offices and meeting rooms — a flexible town-centre asset that suits professional services or a conversion/repurposing project. Nearby transport links and strong footfall support commercial uses and potential rental income (previous estimate £16,000–£21,000 pa).
The property benefits from period character: bay windows, high ceilings and generous room sizes that create attractive office volumes and strong natural light. It is offered ready for occupation and has a history of long-term commercial use, making it straightforward to re-let to similar professional operators.
Buyers should note the local context: the immediate area is classified as very deprived with high crime levels and a transitional Eastern European neighbourhood profile. The local rental market is constrained, which may affect rental levels, tenant quality and demand for higher‑end office space.
Internally some areas appear dated and partly basic in finish (carpeted standard offices, dated counters), so modest refurbishment or reconfiguration may be required to maximise value or to convert to alternative uses. The freehold price and sizeable floor area create clear scope for investors or developers prepared to manage local market risks and carry out targeted improvement.
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