Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

Tadman Business Park , Tadman Street, Wakefield, West Yorkshire, WF1 5RG

£4,005,000

£117.89 per sq ft

Business rates & charges may apply

Vickers Carnley, Wakefield
SIZE AVAILABLE

33,973 sq ft

3,156 sq m

SECTOR

Commercial property for sale

Key features

  • Multi-let freehold trade counter investment
  • 5 tenanted industrial units
  • 1.89 Acres
  • Fully secure perimeter
  • Excellent commercial location
  • Strong covenant tenants

Description

Description

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 £4,005,000 (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 6.40%, assuming usual purchaser's cost and a capital value of £117.88 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.


Bullets Points 1

Multi-let freehold trade counter investment

Bullets Points 2

5 tenanted industrial units

Bullets Points 3

1.89 Acres

Bullets Points 4

Fully secure perimeter

Bullets Points 5

Excellent commercial location

Bullets Points 6

Strong covenant tenants

Brochures

Tadman Business Park , Tadman Street, Wakefield, West Yorkshire, WF1 5RG

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wakefield Kirkgate Station0.5 miles
  • Wakefield Westgate Station0.8 miles
  • Sandal & Agbrigg Station0.9 miles

About Vickers Carnley, Wakefield

Crown Court, Chancery Lane, Wakefield, WF1 2SS

Vickers Carnley is an established property team specialising in the sale, letting and management of all types of commercial property across the Wakefield district for over 30 years.

We are proud to be recognised as the market leader in our region with our unrivalled expertise which is trusted by both local and national clients who consistently rely upon our local market knowledge and 'good old fashioned' client care.

We have a dedicated and well-established team of property professionals with an in-depth market knowledge. Our property agency and property management department work in close collaboration to provide a seamless service to all our clients.

Our agency specialisms include:

Property valuations

Sales & Lettings

Disposals

Development

Investments

Acquisitions

Our property management department has also grown from strength to strength in recent years and we have expanded our service portfolio to include residential property block management and we now manage over 180 properties in the West Yorkshire region.

Our property management services include:

Rent and service charge collections

Buildings insurance procurement

Property maintenance

Lease renewals

Health & Safety compliance

Project management

Debt collection

Schedule of Condition

Property inspections

Utility contract negotiations

And more.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5886FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Vickers Carnley, Wakefield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Email

Call

Email