Commercial Properties For Sale in Thornes, Wakefield, West Yorkshire

A rare investment opportunity has arisen of multi let trade counter and industrial units with open storage land, let to strong national and regional occupiers at a total passing rent of £273,000 per annum exclusive. The estate includes strong covenant tenants including Wakefield District Housing and Edmunson's Electricals. The property is Freehold (except for unit 4 which has been sold off long leasehold). We are instructed to seek offers in excess of £3,600,000 (Four Million and Five Thousand Pounds) for the freehold interest, subject to contract and exclusive of VAT. An offer at this level would reflect a net initial yield of 7.12%, assuming usual purchaser's cost and a capital value of £105.96 psf. The site will be sold on a freehold basis to include everything within the red line boundary below, except Unit 4 which has been sold off on a Long leasehold basis with 74 years remaining.

Part let office investment FOR SALE In the popular Trinity Business Park location.

The property comprises a modern detached warehouse / industrial unit with the benefit of the following specification; - Loading via a single electric roller shutter door - Eaves height of 6.4 metres - High quality ancillary offices - Generous yard and parking provisions

For sale by Modern Method of Auction; Starting Bid Price £415,000 plus reservation fee. Subject to an undisclosed reserve price. An EXCELLENT RESIDENTIAL DEVELOPMENT OPPORTUNITY with FULL PLANNING PERMISSION for SEVEN TWO AND THREE BEDROOM, TWO STOREY HOMES, arranged across TWO BLOCKS OF FOUR AND...