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18-18A The Springs 1,558 SF 100% Leased Retail Building Wakefield WF1 1QE $237,449 ($152.41/SF)
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
$237,449
Price Per SF
$152.41
Percent Leased
100%
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
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Nearby Major Retailers
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18-18A The Springs
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