Commercial Property in Wakefield available for sale
20

Commercial Properties for Sale in Wakefield

Find commerical property for sale in Wakefield that meets your business or investment goals

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
See More
More details for 73 Cow Ln, Wakefield - Retail for Sale

73 Cow Ln

Wakefield, WF4 2EX

  • Retail for Sale
  • £80,000
  • 473 sq ft
See More
More details for Freehold Ground Rent 'Choice Portfolio' – Hospitality for Sale

Freehold Ground Rent 'Choice Portfolio'

  • Hospitality for Sale
  • £15,300,000
  • 158,390 sq ft
  • 3 Hospitality Properties

Portfolio of properties for Sale - Wakefield

**Freehold ground rent investment, benefiting from c.121 years of contracted, RPI-linked ground rent income. The hotels are fully occupied and operated by the tenant under long-dated ground rent leases.** Portfolio Summary • Ground rent portfolio comprising three assets let to EC4 Hotel Limited (subsidiary of Choice Hotels Limited) • The three hotels are well located in Harrogate, Huddersfield, and Wakefield • All leases commence 1st November 2017 for a term of 125 years providing over 121 years to expiry (expiring 31st October 2142) • Total passing rent of £489,819 p.a. • The ground rent reflects a blended EBTIDA to rent cover ratio of c14% off forecasted stabilised • All assets are held Freehold • The rent is subject to upwards only 5 yearly, RPI rent reviews, collar and cap of 0%-4% with the next review in November 2022 • All assets are underpinned by VP and alternative use values • Rent has continued to be paid in full throughout the Covid 19 Pandemic The vendor is seeking offers in excess of £15,300,000 (Fifteen Million and Three Hundred Thousand Pounds) reflecting a net initial yield of 3.00% after purchaser’s costs of 6.70%. A purchase price at this level represents a very low average price per key of £42,265 which is less than VP or build cost. Reversionary yield of 3.40% following the review in 2022 assuming RPI growth of 2.5% p.a. At the quoting price, the net income generated from the hotels would reflect a yield of c21% off forecasted stabilised.

Contact:

Kimmre

Date on Market:

06/03/2025

Hide
See More
More details for Mulberry Way, Wakefield - Retail for Sale

Wakefield Westgate Railway Station - Mulberry Way

Wakefield, WF1 1XP

  • Retail for Sale
  • Price Upon Request
  • 4,209 sq ft
See More
More details for Flanshaw Way, Wakefield - Land for Sale

Flanshaw Way

Wakefield, WF2 9LP

  • Land for Sale
  • Price Upon Request
  • 3.70 ac Plot

Wakefield Land for Sale

Flanshaw Way is an already well-established industrial area with a variety of businesses present. The site is just off the A368 which links to the M1 giving excellent access to Leeds to the north and Sheffield to the south. Leeds is approximately 12-miles away and Manchester 49. The nearest rail links can be found in the town centre and a range of amenities including a carvery, Holiday Inn and fast food takeaway can be found within five minutes' walk of the site. Halfords Auto Centre, ALS Environmental and SIRDAR holdings are amongst the wide range of businesses in the area. Industrial For Sale, Wakefield A warehouse/production development site with units from 1,500 Sq ft to 6,000 Sq ft on a 3.7 acre site. This rear plot is on an industrial development site in an established trade and industrial area of Wakefield, Flanshaw Way. The area offers excellent links to the M1 motorway linking to Leeds in the North and Sheffield in the South. The site is circa 3.7 acres and sits behind two further plots, which have already been sold for development. Construction will start on site in June 2022, with the unit intended to be ready for Spring 2023. The rear plot on an industrial development site in an established trade and industrial area of Wakefield, Flanshaw Way. The area offers excellent links to the M1 motorway linking to Leeds in the North and Sheffield in the South. The site is circa 3.7 acres and sits behind two further plots, which have already been sold for development. Excellent connectivity Circa 3.7 acres Warehouse/production development Range of amenities close by Established trade/ industrial area Would suite a range of businesses Good links to Leeds and Sheffield Next to M1 motorway

Contact:

Avison Young

Property Subtype:

Commercial

Date on Market:

18/07/2024

Hide
See More
More details for City Field Ct, Wakefield - Land for Sale

Plot 7 - City Field Ct

Wakefield, WF1 5PH

  • Land for Sale
  • Price Upon Request
  • 3.72 ac Plot
See More
More details for City Field Ct, Wakefield - Land for Sale

Plot 6b - City Field Ct

Wakefield, WF1 5PH

  • Land for Sale
  • Price Upon Request
  • 2.46 ac Plot
See More
More details for City Field Ct, Wakefield - Land for Sale

Plot 6a - City Field Ct

Wakefield, WF1 5PH

  • Land for Sale
  • Price Upon Request
  • 2.64 ac Plot
See More
More details for 97 Bridge Rd, Wakefield - Industrial for Sale

97 Bridge Rd

Wakefield, WF4 5NN

  • Industrial for Sale
  • £650,000
  • 12,213 sq ft
See More
More details for Thornes Ln, Wakefield - Industrial for Sale

Thornes Ln

Wakefield, WF1 5RR

  • Industrial for Sale
  • Price Upon Request
  • 57,549 sq ft
See More
More details for 1 Calder Park, Wakefield - Office for Sale

1 Calder Park

Wakefield, WF2 7BJ

  • Office for Sale
  • Price Upon Request
  • 5,068 sq ft
See More
More details for 1-3 Westmorland St, Wakefield - Retail for Sale

1-3 Westmorland St

Wakefield, WF1 1PN

  • Retail for Sale
  • Price Upon Request
  • 5,679 sq ft
See More
1-20 of 20

FAQs About Commercial Property For Sale in Wakefield

See All Properties For Sale
How many commercial properties are currently available for sale in Wakefield?
There are currently 20 commercial properties available for sale. Sizes range from 473 sq ft to 158,390 sq ft, with an average size of 25,437 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Wakefield?
The average asking price is approximately £75 per sq ft, with prices ranging from £34 to £128 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Wakefield

Market Overview for Commercial Properties in Wakefield

Key information for Commercial Properties investors in Wakefield 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
Wakefield £75 25,437 sq ft
Normanton £300 315 sq ft
Dewsbury £106 14,215 sq ft
Batley £73 3,457 sq ft
Skipton £104 3,365 sq ft

Rental Price Trends in Wakefield

The price per square foot range for Commercial Properties in Wakefield 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
Wakefield £34 £75 £128
Normanton £300 £300 £300
Dewsbury £50 £106 £365
Batley £31 £73 £114
Skipton £67 £104 £141

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Wakefield 473 sq ft 25,437 sq ft 158,390 sq ft
Normanton 315 sq ft 315 sq ft 315 sq ft
Dewsbury 561 sq ft 14,215 sq ft 29,307 sq ft
Batley 603 sq ft 3,457 sq ft 4,955 sq ft
Skipton 1,205 sq ft 3,365 sq ft 5,524 sq ft

You searched for commercial property for sale in Wakefield. Explore 20 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.

LoopNet - the worlds No. 1 commercial property marketplace.