Commercial Property in Normanton available for sale
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Commercial Properties for Sale near the Normanton, UK

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Commercial Properties for Sale Within 5 miles of the Normanton, UK

More details for 154 Westgate, Wakefield - Retail for Sale

154 Westgate

Wakefield, WF2 9SR

  • Retail for Sale
  • £150,000
  • 1,367 sq ft
  • 1 Unit Available
  • Energy Performance: D
  • Security System

Wakefield Retail for Sale

Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%. The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.

Contact:

Flint Real Estate

Property Subtype:

Shopfront Retail / Residential

Date on Market:

15/11/2025
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LoopNet UK West Yorkshire Commercial Properties For Sale in Normanton, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Normanton

See All Properties For Sale
How many Commercial Property listings are available for sale in Normanton?
There are currently 0 Commercial Properties available for sale near Normanton. These Normanton Commercial Property listings have an average size of. The largest available listing in Normanton is. The thriving commercial centre and excellent transport links in Normanton make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Normanton?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Normanton currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Normanton?
There is a diverse range of commercial properties available in Normanton to suit various business needs. Normanton offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Normanton commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Normanton, UK

Market Overview for Commercial Properties in Normanton

Key information for Commercial Properties investors in Normanton and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Castleford £53 20,903 sq ft
Wakefield £105 16,650 sq ft
Pontefract £50 17,682 sq ft
Birtley £119 3,448 sq ft

Rental Price Trends in Normanton

The price per square foot range for Commercial Properties in Normanton and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Castleford £46 £53 £60
Wakefield £42 £105 £183
Pontefract £20 £50 £79
Birtley £119 £119 £119

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Normanton area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Castleford 6,834 sq ft 20,903 sq ft 40,000 sq ft
Wakefield 473 sq ft 16,650 sq ft 55,940 sq ft
Pontefract 7,568 sq ft 17,682 sq ft 27,796 sq ft
Birtley 3,448 sq ft 3,448 sq ft 3,448 sq ft
Knottingley 39,900 sq ft 42,067 sq ft 45,700 sq ft

You searched for commercial property for sale in Normanton. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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