Commercial Properties For Sale in Wakefield, West Yorkshire
Paid partnerships can play a role in listing order
Movenowproperties are delighted to present this substantial commercial terrace property, ideally positioned in the heart of Wakefield City Centre. Currently configured as four separate office suites, the property offers an outstanding opportunity for investors, developers and owner-occupiers alik...
- HYBRID COMMERCIAL UNITS
- CENTRAL WAKEFIELD LOCATION
- 3 MILES TO J39 M1
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.
The property comprises a mid-terrace, mixed-use building arranged over ground and two upper floors with rendered elevations beneath a pitched roof. A rear extension provides additional accommodation and is surmounted by a mono-pitched roof. The ground floor is fitted out as a restaurant/bar trading as The Hilton Lounge, with a modern glazed shopfront and full-height display windows. The upper floors provide self-contained residential accommodation comprising five modern flats (a mix of one- and two-bed units), accessed independently from Wood Street. The ground floor is let to The Hilton Lounge Bar at a passing rent of £25,000 per annum, with the lease expiring on 8 January 2030. The upper floors comprise five self-contained flats. Apartment 1 is a two-bedroom, one-bathroom unit let on a rolling contract since October 2024 at £700 pcm. Apartment 2 is a one-bedroom, one-bathroom unit let on a rolling contract since May 2023 at £650 pcm. Apartment 3 is a two-bedroom, one-bathroom unit let on a rolling contract since March 2025 at £750 pcm. Apartment 4 is a two-bedroom, two-bathroom unit which is currently renting at £800 pcm. Apartment 5 is a one-bedroom, one-bathroom unit let on a rolling contract since August 2025 at £650 pcm.
This is a landmark property situated on one of Wakefield's gateways. The property includes four individual tenancies plus a telecommunications mast. The ground floor includes a retail showroom plus two warehouse/storage units while the first floor is home to Wakefield's longest running snooker club. There is on site car parking along with plenty on street car parking locally. The property is generally well maintained and could easily be adapted in future years to attract a variety of alternative users.
This landmark property is now offered with vacant possession and therefore would prove to be an ideal residential conversion opportunity (subject to gaining the necessary planning consent). Previously, the accommodation has been utilised as offices and therefore a similar use would be suitable. Investors may also favour the opportunity to divide the property into two separate buildings which would also work. Internally, the accommodation is well presented having gas central heating, floor coverings throughout along with having ample Wc and kitchen facilities. To the front and to the rear there is ample on site car parking providing in total 10 car parking spaces.
6-8 Bond Terrace is a grade II listed end-terrace building arranged over four floors, recently partly refurbished by Rushbond and most recently used as sales and administration offices for the Wood Street development. The property benefits from two principal entrances, rear access, gas central heating, and a private car park providing approximately 4-5 car parking spaces. An eye-catching mural on the gable elevation was approved under planning consent in November 2024. The ground floor has been refurbished to a high standard, featuring new carpeting, a modern fitted kitchen, upgraded decor, and LED lighting. The remaining floors offer characterful office accommodation with scope for further enhancement, including eight cellular offices across the first and second floors, together with storage, kitchen facilities and additional office space at lower ground level. Wc facilities are available on the ground and first floors.
An extremely rare opportunity has arisen to purchase one of Wakefield City Centre's most prestigious and renowned properties. This Grade II * property dates back to the 18th century, and is originally linked to the nearby Pemberton House. It has had several uses over the years but originally built for horticultural purposes then becoming a small zoo, public bath and various other uses. It was last tenanted in 2016 for a conferencing and exhibition space and has since been vacant. The site comprises of two buildings, The Orangery which is largely single storey with two rooms at the first floor comprising an open hall and large reception area plus ancillary rooms for amenities. The second building on site is referred to as The lodge and is equivalent to a spacious two up two down. The site also has spacious grounds to the front and rear. The site totals approximately 0.7 acres. Please note, the site buried remains and monuments in the grounds linked to the adjacent Unitarian Chapel which are consecrated grounds and therefore are protected and cannot be removed. The property would lend itself to a variety of uses such as restaurant/bar, leisure, childrens day nursery, place of education, place of worship, training centre, clinic, community centre to name but a few and subject to planning permission.
This is a mid terrace brick built recently refurbished mixed use property. The ground floor parts have been occupied by a gents barber for a number of years and have a well established clientele. A ground floor entrance way leads to a very well presented 3 bedroomed first and second floor flat.
FOR SALERETAIL WITH PERMITTED RESIDENTIAL CONVERSION81A STANLEY ROAD, WAKEFIELD, WF1 4LHPROMINENT TWO STOREY OFFICE ACCOMMODATION PLUS REAR YARD, WITH BENEFIT OF PLANNING CHANGE OF USE PERMITTED TO A 5-BEDROOM HOUSE IN MULTIPLE OCCUPATION (HMO) (CLASS C4).
CAFE Prominent corner position on a busy main road Trading only 30.5 hours per week, leaving clear growth potential Modern, well-presented premises Seating for approximately 32 inside plus 8 outside Average weekly turnover £2,200 REF 591659. EPC Band D Business, Offers Around £39,950 Wakefield
CLOSED SANDWICH BAR AND CAFE Superb, immaculately maintained premises Excellent trading position with roadside parking to the front Significant scope to re-establish this business - a true turnkey opportunity Open-plan cafe seating for 13 covers REF 591427. EPC Band C Lease, Fixtures and Fitti...


