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154 Westgate 1,367 SF Retail Condo Unit Offered at $278,968 CAD in Wakefield WF2 9SR
Investment Highlights
- Mixed use city centre investment
- Situated just 2.5 miles (a 10-minute drive) from J40 of the M1
- Prominently located in Wakefield city centre
Executive Summary
Prominently located in Wakefield city centre, the site benefits from excellent visibility and access, with approximately 31,000 vehicles passing daily. Situated just 2.5 miles (a 10-minute drive) from J40 of the M1, the property offers great connectivity.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 10.02% |
| Sale Type | Investment |
| Cap Rate | 10.02% |
| Tenure | Freehold |
Description
A well-presented mixed-use commercial property comprising a ground floor retail unit and a spacious two-bedroom duplex apartment above. The property is available as 100% Let, making it ideal for investors.
Sale Notes
Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%.
The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.
The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 154 | 1,367 SF | Retail | $278,968 CAD ($204.07 CAD/SF) | $27,952.63 CAD |
Unit 154
| Unit Size |
| 1,367 SF |
| Condo Use |
| Retail |
| Price |
| $278,968 CAD ($204.07 CAD/SF) |
| NOI |
| $27,952.63 CAD |
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Unit 154
| Unit Size | 1,367 SF |
| Condo Use | Retail |
| Price | $278,968 CAD ($204.07 CAD/SF) |
| NOI | $27,952.63 CAD |
| Sale Type | Investment |
| Cap Rate | 10.02% |
| Tenure | Freehold |
| Description | |
| A well-presented mixed-use commercial property comprising a ground floor retail unit and a spacious two-bedroom duplex apartment above. The property is available as 100% Let, making it ideal for investors.</li></ul> | |
| Sale Notes | |
| Offers in the region of £150,000 reflecting an attractive net initial yield of 10.02%, assuming standard purchasers' costs of 1.8%.<br> The property is let on a new 5 year lease from 1st October 2025 over the whole property at £15,300 per annum exclusive.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,056 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,056 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1900 |
| Building Class | B | Lot Size | 0.05 AC |
| Total Building Size | 2,056 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 2,056 SF |
| Year Built | 1900 |
| Lot Size | 0.05 AC |
Amenities
- Security System
- Energy Performance Rating - D
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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154 Westgate
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