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19-21 Kirkgate 7,210 sq ft Retail Property Wakefield WF1 1HS £550,000 (£76.28/sq ft) 11.82% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The City benefits from good road communications being within 3 miles of the M1 (Junctions 39, 40 and 41) and M62 (Junction 3) motorways
- Occupiers close by include Marks and Spencer, Yorkshire Building Society and Santander amongst many others
- Wakefield Westgate Rail Station lies some 640 metres west from the property and provides regular services to Leeds (5 min & London Kings Cross 2hrs
EXECUTIVE SUMMARY
Lot 121 was available for sale at an Allsop online auction that was hold on 1st of November 2022.
The property comprises an investment opportunity for sale.
The asking price is £550,000, representing a gross initial yield of 11.82%.
The property comprises an investment opportunity for sale.
The asking price is £550,000, representing a gross initial yield of 11.82%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
7,210 sq ft
Costar Property Class
B
Year Built
1911
Price
£550,000
Price per sq ft
£76.28
Yield
11.82%
NOI
£65,010
Tenancy
Single
Number of Floors
3
AMENITIES
- Security System
- EPC - D
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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19-21 Kirkgate
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