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18-18A The Springs 715 sq ft 100% Let Retail Property Wakefield WF1 1QE £175,000 (£244.76/sq ft)



INVESTMENT HIGHLIGHTS
- Prominently located
- Heavy daytime foot traffic
- Close to local amenities
EXECUTIVE SUMMARY
A commercial investment opportunity comprising a prominent retail and office building, with the ground floor retail premises presently let and income producing, with the upper floors vacant. The property offers a net floor area 136.7m2 (1,471ft2) across 3 floors. The ground floor let element presently produces a gross annual rent of £10,500 on a lease for a term of 5 years from 6th May 2021
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
715 sq ft
Costar Property Class
C
Year Built
1969
Price
£175,000
Price per sq ft
£244.76
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Parking
3 Spaces (4.2 Spaces per 1,000 sq ft Leased)
Frontage
20 ft on The Springs
AMENITIES
- Bus Route
- Roller Shutters
- Storage Space
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NEARBY MAJOR RETAILERS
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18-18A The Springs
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