9a & 11 Wood Street Wakefield
Download BrochureThis is a mid terrace brick built property that has been recently refurbished. The ground floor parts have been occupied by a gents barber for a number of years with a well established clientele. A ground floor entrance way leads to a very well presented 3 bedroomed first and second floor flat.
Key Benefits & Features
- Annual rental income - £18,250
- Well established ground floor retail user
- Separate self contained flat
- Popular city centre location
- Convenient for both bus and railway station
Accommodation
Ground floor retail unit
Shop depth – 28ft 6in
Average width – 20ft
Total area = 544 sq ft (51 sq m)
First floor residential flat
Kitchen – 7ft 8in x 10ft 8in
Lounge – 13ft x 13ft
Bedroom 1 – 10ft 9in x 15ft 2in
Bedroom 2 – 11ft 5in x 12ft 6in
Bedroom 3 – 15ft 7in x 11ft
Location
The property occupies a very visible location on Wood Street among a wide variety of other users including The Smokehouse, Qubana Restaurant, Oliver Dean Hair Salon and the very popular Vanilla Bean cafe.
This part of the city centre is very accessible and has the benefit of on street pay and display car parking.
Both the railway and bus station are a short walk away.
Lease
9a Wood Street (flat)
The residential first floor flat is held by way of a 6 month assured shorthold tenancy agreement. The current rent is £7,500 per annum.
11 Wood Street (Grd flr retail unit)
Held by way of a 6 Year full repairing & insuring lease expiring on 29th January 2029 with a rent review falling due in January 2026.
The current rental is £10,750 per annum.
Rateable Value
The rateable value is £7,400
Small business rate relief is applicable. Please contact the local authority on 01977 727121 for more information.
VAT
VAT is not applicable to this property.
Legal Fees
Each party to be responsible for their own legal costs.
PRICE
The property is offered for sale at £250,000
Viewings
For viewings & further enquiries please contact our agents at Vickers Carnley:-
Lee Carnley – 01924 291500 – lee.carnley@vickerscarnley.co.uk
Isobel Smith – 01924 291500 – isobel.smith@vickerscarnley.co.uk
