Offers in region of
£150,000
(£109.73/sq. ft)
Retail premises for sale154 Westgate, Wakefield, West Yorkshire WF2
1,367 sq. ft
Freehold
About this property
For sale - high yielding mixed use city centre investment
Fully let on A lease over the whole for 5 years on Fri terms
10.02% yield
Offers in the region of £150,000 plus VAT
Suit private investors
Established tenant
For sale - mixed use city centre investment
Summary
- High Yielding Investment
- Fully Let On A New 5 Year Lease
- 10.02% Net Yield
- 127 Sq M (1,367 Sq Ft)
- Shop & 2 Bed Duplex Apartment
- Busy City Centre Location
Location
Prominently located in Wakefield city centre, the site benefits from excellent visibility and access, with approximately 31,000 vehicles passing daily.
Situated just 2.5 miles (a 10-minute drive) from J40 of the M1, the property offers great connectivity.
Sat nav: WF2 9SR
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Description
A well-presented mixed-use commercial property comprising a ground floor retail unit and a spacious two-bedroom duplex apartment above. The property is available as 100% Let, making it ideal for investors.
This versatile layout offers the potential for a variety of uses, whether to generate dual rental income or occupy part while letting the other.
Lease terms
The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.
Tenure
Freehold
Asking price
Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%
Accommodation
127 Sq M (1,367 Sq Ft) gia
Business rates
Rateable Value: £2,075
This is the rateable value for the property. It is not what its payable in business rates or rent.
Services
Mains water and are connected to the property.
EPC
Rating: Tbc
Aml
Purchasers will have to supply information to comply with aml Regulations.
VAT
VAT is payable on the entire building.
Viewings
By appointment with the agents below:
Ben Flint
E:
T: / Alexandra De Freitas
E:
T: /
Summary
- High Yielding Investment
- Fully Let On A New 5 Year Lease
- 10.02% Net Yield
- 127 Sq M (1,367 Sq Ft)
- Shop & 2 Bed Duplex Apartment
- Busy City Centre Location
Location
Prominently located in Wakefield city centre, the site benefits from excellent visibility and access, with approximately 31,000 vehicles passing daily.
Situated just 2.5 miles (a 10-minute drive) from J40 of the M1, the property offers great connectivity.
Sat nav: WF2 9SR
///firmly.table.onion
Description
A well-presented mixed-use commercial property comprising a ground floor retail unit and a spacious two-bedroom duplex apartment above. The property is available as 100% Let, making it ideal for investors.
This versatile layout offers the potential for a variety of uses, whether to generate dual rental income or occupy part while letting the other.
Lease terms
The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.
Tenure
Freehold
Asking price
Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%
Accommodation
127 Sq M (1,367 Sq Ft) gia
Business rates
Rateable Value: £2,075
This is the rateable value for the property. It is not what its payable in business rates or rent.
Services
Mains water and are connected to the property.
EPC
Rating: Tbc
Aml
Purchasers will have to supply information to comply with aml Regulations.
VAT
VAT is payable on the entire building.
Viewings
By appointment with the agents below:
Ben Flint
E:
T: / Alexandra De Freitas
E:
T: /
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