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18-18A The Springs 1,558 SF 46% Leased Retail Building Wakefield WF1 1QE $235,560 ($151.19/SF)

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Investment Highlights

  • Prominently located
  • Heavy daytime foot traffic
  • Close to local amenities

Executive Summary

A commercial investment opportunity comprising a prominent retail and office building, with the ground floor retail premises presently let and income producing, with the upper floors vacant. The property offers a net floor area 136.7m2 (1,471ft2) across 3 floors. The ground floor let element presently produces a gross annual rent of £10,500 on a lease for a term of 5 years from 6th May 2021

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,558 SF
Building Class
C
Year Built
1969
Price
$235,560
Price Per SF
$151.19
Percent Leased
46%
Tenancy
Multiple
Building Height
3 Stories
Parking
3 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
20’ on The Springs

Amenities

  • Bus Line
  • Automatic Blinds
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 422 SF
  • Office
  • In-Line
  • Now

Prominent retail and office building with vacant upper floors. The property is situated along the Springs in the city centre of Wakefield, parallel to Kirkgate, which is the town's principal retail throughfare and being close to a variety of nearby amenities such as M&S, Boots, and banks.

  • 2nd Floor
  • 421 SF
  • Office
  • In-Line
  • Now

Prominent retail and office building with vacant upper floors. The property is situated along the Springs in the city centre of Wakefield, parallel to Kirkgate, which is the town's principal retail throughfare and being close to a variety of nearby amenities such as M&S, Boots, and banks.

Space Size Space Use Position Available
1st Floor 422 SF Office In-Line Now
2nd Floor 421 SF Office In-Line Now

1st Floor

Size
422 SF
Space Use
Office
Position
In-Line
Available
Now

2nd Floor

Size
421 SF
Space Use
Office
Position
In-Line
Available
Now

1st Floor

Size 422 SF
Space Use Office
Position In-Line
Available Now

Prominent retail and office building with vacant upper floors. The property is situated along the Springs in the city centre of Wakefield, parallel to Kirkgate, which is the town's principal retail throughfare and being close to a variety of nearby amenities such as M&S, Boots, and banks.

2nd Floor

Size 421 SF
Space Use Office
Position In-Line
Available Now

Prominent retail and office building with vacant upper floors. The property is situated along the Springs in the city centre of Wakefield, parallel to Kirkgate, which is the town's principal retail throughfare and being close to a variety of nearby amenities such as M&S, Boots, and banks.

Nearby Major Retailers

Costa Coffee
Starbucks
Pure Gym
Sainsbury's
ASDA
Virgin Money
eurochange
Barclays
FreshCo
Morrisons
  • Listing ID: 38754048

  • Date on Market: 12/12/2025

  • Last Updated:

  • Address: 18-18A The Springs, Wakefield WF1 1QE

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