High Yield Commercial Property Investment £547,000
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High Yield Commercial Property Investment

Wakefield & Ossett, West Yorkshire

Asking Price £547,000
Turnover £40,000
Reference BIZ7374

Business overview

I am selling my commercial property portfolio which comprises of four separate commercial entities within a single plot..

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Property value

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Business description

The commercial properties are currently leased to four different commercial tenants on long term leases.
The annual rent across the four units is £40,000.

The four properties are broken down as follows (all within a single unit)

Large convenience store rented out on a 20 year lease with 16 years remaining. Rent is £19,000 P/A plus utility contribution
Dog Grommers Retail Unit - Small retail unit converted into a dog grooming centre. Rent is £8,400 P/A on a 10 year lease with 3 years remaining.
Large Cafe to first floor - Rented out on a rolling lease (tenant wants a long term lease putting in place) £9,600 P/A
Residential Flat = Small one bedroom residential flat rented on a standard lease at £6,000 P/A
External locker providing £1,800 P/A

Business location

The commercial units are located in a perfect position and all tenants businesses compliment one another perfectly.
The businesses share a car park and it is easily accessible.

Sector specific information

  • Tenanted
  • Rental per annum
  • Yield per annum (if known)

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