For Sale
UNDER OFFER
Properties
12 Northgate and 1/1A Westmorland Street, Wakefield
Type
Retail
Price
£370,000
Size
611 SQFT (57 SQ M) to 3,957 SQFT (368 SQ M)
Assets
Key Selling Points
- 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%
Long Leasehold For Sale in Wakefield City Centre
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.
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.
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.
Contacts
