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.
Showroom, office and WC.
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.
Wakefield Metropolitan District Council
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.