Long Leasehold For Sale in Wakefield City Centre

 

Summary

  • Three high street retail units and a vacant flat
  • Net passing rent of £42,050 per annum exclusive
  • The property is not VAT registered
  • Offers in the region of £370,000 invited representing a net initial yield of 10.93%

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - 12 Northgate 611 56.76 Available
Ground - 1 Westmorland Street 874 81.20 Available
Ground - 1A Westmorland Street 2,472 229.66 Available
Total3,957367.62
12 Northgate and 1/1A Westmorland Street - 1 In 1a Westmorland Street.jpg

Location

The property is situated at the junction of Northgate, Westmorland Street and Bull Ring in the heart of the city centre. Located between the Trinity and the Ridings Shopping centres it benefits from excellent levels of footfall.

Get directions from Google Maps

Further Information

Price £370,000


Description

The property comprises 3 retail units two of which are ground floor only. The third, 1a Westmorland Street, trades at ground, first and second floors.

There is also a vacant one bedroom flat located on the second floor above 12 Westmorland Street which has a separate access from the rear in Smallpage Yard. The flat is in need of a full refurbishment.