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141–143 Wakefield Road Scissett 2 Properties Offered at $1,255,441 CAD in Scissett
EXECUTIVE SUMMARY
The property comprises a range of buildings which are of different construction types, having formerly been occupied by a single business as a motor vehicle repair forecourt and maintenance garage to the rear. It now provides a range of units, including a DIY store, steel fabricators and engineering premises, in addition to vacant garage premises to the front which are capable of being let independently.
The property is held as a multi-occupied investment with the units largely let on informal tenancy agreements requiring asset management to formalize lease agreements and enhance the rental return to the estimated rental value which is in the region of £80,000 per annum.
The gross passing rent is currently £49,740 per annum, with the landlord being partially responsible for business rates and utilities.
Passing Rent £49,740 per annum
ERV circa £80,000 per annum
The property is held as a multi-occupied investment with the units largely let on informal tenancy agreements requiring asset management to formalize lease agreements and enhance the rental return to the estimated rental value which is in the region of £80,000 per annum.
The gross passing rent is currently £49,740 per annum, with the landlord being partially responsible for business rates and utilities.
Passing Rent £49,740 per annum
ERV circa £80,000 per annum
PROPERTY FACTS
| Price | $1,255,441 CAD | Number of Properties | 2 |
| Price / SF | $83.94 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,957 SF |
| Status | Active | Total Land Area | 0.57 AC |
| Price | $1,255,441 CAD |
| Price / SF | $83.94 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,957 SF |
| Total Land Area | 0.57 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 143 Wakefield Rd, Scissett HD8 9HR | Industrial | 8,860 SF | 1950 | - |
| 141 Wakefield Rd, Scissett HD8 9HR | Retail | 6,097 SF | 1950 | - |
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141–143 Wakefield Road Scissett
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