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19-21 Kirkgate 7,210 SF Retail Building Wakefield WF1 1HS $1,022,952 CAD ($141.88 CAD/SF) 11.82% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The City benefits from good road communications being within 3 miles of the M1 (Junctions 39, 40 and 41) and M62 (Junction 3) motorways
  • Occupiers close by include Marks and Spencer, Yorkshire Building Society and Santander amongst many others
  • Wakefield Westgate Rail Station lies some 640 metres west from the property and provides regular services to Leeds (5 min & London Kings Cross 2hrs

EXECUTIVE SUMMARY

Lot 121 was available for sale at an Allsop online auction that was hold on 1st of November 2022.
The property comprises an investment opportunity for sale.
The asking price is £550,000, representing a gross initial yield of 11.82%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
7,210 SF
Building Class
B
Year Built
1911
Price
$1,022,952 CAD
Price Per SF
$141.88 CAD
Cap Rate
11.82%
NOI
$120,913 CAD
Tenancy
Single
Building Height
3 Stories

AMENITIES

  • Security System
  • Energy Performance Rating - D
  • Storage Space

NEARBY MAJOR RETAILERS

Esquires
Morrisons
Iceland
Sainsbury's
Santander
National Westminster Bank Plc
Lloyds Bank
HSBC Bank Plc
Pure Gym
Costa Coffee
  • Listing ID: 27182343

  • Date on Market: 2022-11-24

  • Last Updated:

  • Address: 19-21 Kirkgate, Wakefield WF1 1HS

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