Location
Vacant Investment and Development Opportunity Asset Management Potential - Nearby Units Paying £5,000 per annum Development Potential to the Upper Parts stp
The property comprises a high yielding investment and development opportunity fronting a high footfall pedestrianised street. Arranged across ground, first and second floors, the property was previously fully in retail use and offers evident asset management potential via letting. The adjacent property is currently producing £5,000 per annum across ground and first floors and we therefore consider that a rent in excess of this could be achievable. Furthermore, the property may be suitable for conversion to alternative uses, including residential, subject to obtaining the requisite consents. The property benefits from a prominent frontage to Westgate, one of the principal pedestrianised retail streets in Wakefield.