Commercial Properties For Sale in Wakefield, West Yorkshire
Paid partnerships can play a role in listing order
- 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.
Interested parties should be aware that the property is being offered in shell form and will need significant investment from a potential tenant. The quoted size is only an indication. This would depend on the ingoing tenants intensions with the property.
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.
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.
A rare opportunity has arisen to purchase this mid-terraced building situated within a popular location and fronting directly onto Leeds Road. The premises includes a tenanted open plan ground floor office with kitchenette along with Wc facilities and storage basement. The current rental income from the ground floor is £7,800.00 per annum based upon a 5 year lease commencing 1st December 2025. The first floor is currently vacant and comprises of two offices and shower room. Central heating throughout. To the rear, there is a shared yard area.
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).
HAIR AND BEAUTY SALON Operated Over Sensible Hours Over a Five Day Week Sub-Let Room and Nail Bar Returning £650 PCM Potential to Sub-Let an Additional Two Rooms for a Further £500 PCM New Lease Available VIEWING RECOMMENDED Turnover on Request REF 587150. EPC Band G. Business, Offers Around £4...
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...


