Property photos
Freehold
Offers in region of
£150,000
(£109.73/sq. ft)
Retail premises for sale
154 Westgate, Wakefield, West Yorkshire WF21,367 sq. ft
Local area information
Property location
Nearby amenities
- Wakefield Westgate 0.1 miles
- Wakefield Lawefield Primary School 0.2 miles
- Wakefield Girls' High School 0.4 miles
- Wakefield Kirkgate 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Wakefield to find out more about the local area.
Features and description
- Freehold
- For sale - high yielding mixed use city centre investment
- Fully let on A lease over the whole for 5 years on Fri terms
- 10.02% yield
- Offers in the region of £150,000
- Suit private investors
- Established tenant
For sale - mixed use city centre investment
Summary
- High Yielding Investment
- Fully Let On A New 5 Year Lease
- 10.02% Net Yield
- 127 Sq M (1,367 Sq Ft)
- Shop & 2 Bed Duplex Apartment
- Busy City Centre Location
Location
Prominently located in Wakefield city centre, the site benefits from excellent visibility and access, with approximately 31,000 vehicles passing daily.
Situated just 2.5 miles (a 10-minute drive) from J40 of the M1, the property offers great connectivity.
Sat nav: WF2 9SR
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Description
A well-presented mixed-use commercial property comprising a ground floor retail unit and a spacious two-bedroom duplex apartment above. The property is available as 100% Let, making it ideal for investors.
This versatile layout offers the potential for a variety of uses, whether to generate dual rental income or occupy part while letting the other.
Lease terms
The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.
Tenure
Freehold
Asking price
Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%
Accommodation
127 Sq M (1,367 Sq Ft) gia
Business rates
Rateable Value: £2,075
This is the rateable value for the property. It is not what its payable in business rates or rent.
Services
Mains water and are connected to the property.
EPC
Rating: Tbc
Aml
Purchasers will have to supply information to comply with aml Regulations.
VAT
VAT is payable over the ground floor commercial element, which we expect to be calculated on 1/3 of the agreed price.
Viewings
By appointment with the agents below:
Ben Flint
E:
T: / Alexandra De Freitas
E:
T: /
Summary
- High Yielding Investment
- Fully Let On A New 5 Year Lease
- 10.02% Net Yield
- 127 Sq M (1,367 Sq Ft)
- Shop & 2 Bed Duplex Apartment
- Busy City Centre Location
Location
Prominently located in Wakefield city centre, the site benefits from excellent visibility and access, with approximately 31,000 vehicles passing daily.
Situated just 2.5 miles (a 10-minute drive) from J40 of the M1, the property offers great connectivity.
Sat nav: WF2 9SR
///firmly.table.onion
Description
A well-presented mixed-use commercial property comprising a ground floor retail unit and a spacious two-bedroom duplex apartment above. The property is available as 100% Let, making it ideal for investors.
This versatile layout offers the potential for a variety of uses, whether to generate dual rental income or occupy part while letting the other.
Lease terms
The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.
Tenure
Freehold
Asking price
Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%
Accommodation
127 Sq M (1,367 Sq Ft) gia
Business rates
Rateable Value: £2,075
This is the rateable value for the property. It is not what its payable in business rates or rent.
Services
Mains water and are connected to the property.
EPC
Rating: Tbc
Aml
Purchasers will have to supply information to comply with aml Regulations.
VAT
VAT is payable over the ground floor commercial element, which we expect to be calculated on 1/3 of the agreed price.
Viewings
By appointment with the agents below:
Ben Flint
E:
T: / Alexandra De Freitas
E:
T: /
More information
Listed by
Flint Real Estate
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Property descriptions and related information displayed on this page are marketing materials provided by - Flint Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Flint Real Estate for full details and further information.