Call the team on 0113 393 3482 for more information
This prominent retail unit has been let to the same tenants for over thirty years and used as tile shop since the building was built. The current FRI lease runs until May 2021 with a passing rent of £9,500 per annum. Based on the quoted guide this equates to a return of 12.6%! The property occupies a prominent position on a busy main road and is less than half a mile from Wakefield city centre.
Tenure
Freehold
Ground Floor
Showroom, office and WC.
First Floor
Showroom.
Charges and Payments
In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £900 inc VAT.
Local Authority
Wakefield Metropolitan District Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.