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Tadman St 33,973 sq ft 100% Let Industrial Property Wakefield WF1 5QA £4,005,000 (£117.89/sq ft) 6.40% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Surface car parking spaces and secure open storage yard
- The Property is located 1.5 miles to the southeast of Wakefield city centre, within an established industrial and trade counter location
- Multi let trade counter and industrial units with open storage land
EXECUTIVE SUMMARY
Instructed to seek offers in excess of £4,005,000 (Four Million and -Five Thousand Pounds) for the freehold interest, subject to contract and exclusive of VAT. An offer at this level would reflect a net initial yield of 6.40%,assuming usual purchaser’s cost and a capital value of £117.88 psf
PROPERTY FACTS
| Price | £4,005,000 | Costar Property Class | B |
| Price per sq ft | £117.89 | Total Plot Size | 1.73 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 33,973 sq ft |
| Yield | 6.40% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 2001 |
| Property Type | Industrial | Parking Allocation | 0.38/1,000 sq ft |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Price | £4,005,000 |
| Price per sq ft | £117.89 |
| Sale Type | Investment |
| Yield | 6.40% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 1.73 ac |
| Net Internal Area (NIA) | 33,973 sq ft |
| No. Floors | 1 |
| Year Built | 2001 |
| Parking Allocation | 0.38/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- 24 Hour Access
- Controlled Access
- Yard
- Roller Shutters
- Storage Space
UTILITIES
- Lighting
- Water
- Sewer
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Tadman St
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