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Retail Property (high street) to rent

Lower Warrengate, Wakefield

£15,000 pa
749 sq. ft.

Property Description

Commercial information

  • 749 sq ft (69 sq m)

Full description

The property occupies a very visible position at the corner of Lower Warrengate and Vicarage Street, in close proximity to the main shopping precinct, The Trinity Walk Shopping Centre and the recently completed Wakefield One Leisure Centre.

A prominent located double fronted ground floor corner unit with excellent window display frontage. Previously used as a hair /beauty salon the property would suite a number of users subject to any necessary planning consent.

The property does benefit from not requiring a vast capital spend to occupy the property and is available for immediate occupation.

Ground Floor 69.6 m² / 749 ft²
Salon, kitchen & W.C

Basement Stores 69 m² / 732 ft²

The property is available on a new Lease for a term to be agreed at a reduced rental of £18,500 per annum exclusive and a reduced first year of £15,000 per annum on a full repairing and insuring basis.

The property has a rateable value of £13,250.

The standard rating multiplier for the year 2015/2016 is 49.3 pence in the pound. The small business multiplier is 48.0 pence in the pound. Individual occupiers may also benefit from small business rate relief and transitional relief. More information in respect of rates can be obtained from the appropriate Local Authority and the Valuation Office Agency website,

We understand the property is not presently elected for VAT however the owner reserves the right to charge VAT should they choose to do so. All figures are quoted net of VAT.

The incoming Tenant will be responsible for the Landlords reasonable legal costs for the preparation of any Lease agreement.

The existing planning use is likely to fall within Class A1 of the Town and Country Use Classes Order 1987 as amended. Interested parties should satisfy themselves by way of enquiry to the Local Authority, Wakefield Metropolitan District Council that their proposed use is acceptable.

By prior telephone appointment through the agents.
Daniel Knowles Tel 01924 299494

More information from this agent

Energy Performance Certificates (EPCs)

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Property reference 101245005363. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Holroyd Miller, Dewsbury.

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