583542 / Rightbiz
INVESTMENT PROPERTY RETURNING £44,800 PER ANNUM in Wakefield for Sale.An opportunity to acquire this first class investment property situated in this commanding position – BUSY MAIN ROAD SITE IN DENSELY POPULATED AREA OF LOFTHOUSE, WAKEFIELD. The detached premises have four tenants:– The first is a large convenience store with a 20 year lease from 2015 and returns £19,000 per annum. The second is a dog grooming parlour held on a 10 year lease with approximately three years remaining and returns £8,400 per annum. The third is a coffee shop and cafeteria returning £9,600 per annum. This tenant wants a new long lease which is being negotiated our client tells us. The fourth is a residential flat which is rented out at £6,000. There is also an external locker which is rented out at £1,800 per annum. The units are ideally placed in this delightful residential area. SENSIBLY PRICED CONCERN – A GOOD RETURN ON CAPITAL INVESTED. EPC Band B.
Freehold Price: £499,950
Location: Wakefield, West Yorkshire
Sector: Investment Properties