A Commercial Investment Producing £13,200 Per Annum Reflecting a Gross Initial Yield of 11% (Rising to £18,000 in 2027 Which Will Reflect a Gross Initial Yield of 15%)
8 Barnsley Road, South Elmsall, Pontefract, West Yorkshire, WF9 2SE
Description
A Commercial Investment Producing £13,200 Per Annum Reflecting a Gross Initial Yield of 11% (Rising to £18,000 in 2027 Which Will Reflect a Gross Initial Yield of 15%) The property comprises a mid terrace commercial unit arranged over ground and first floors. Tenure: Freehold Location: The property is situated on a mixed use road close to local shops and amenities. The open spaces of West End Park are within easy reach. Transport links are provided by Fitzwilliam rail station. Accommodation: Ground Floor Commercial Unit G.I.A. Approximately 581 sq ft First Floor Ancillary Space G.I.A. Approximately 541 sq ft Tenancy: The property is subject to an FRI lease for a term of 5 years commencing 2022 at a rent of £12,000 per annum, rising by £1,200 every year. Current Rent Reserved: Current Rent Reserved £13,200 per annum EPC Rating: D
Financial Tools
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