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8-10 Hanover St

2,469 SF 100% Leased Industrial Building Wakefield WF2 9BW £395,000 (£160/SF)

Investment Highlights

  • Potential redevelopment opportunity
  • Close to city centre location
  • Ideal for a variety of uses

Executive Summary

A unique opportunity has arisen to purchase this 5 bedroomed end terraced house with substantial garden to the rear.
The site also includes 3 fully let units/workshops all let on informal agreements. 8 Hanover Street and Unit 2 Hanover Street are let to the same tenant for a joiners workshop.
Unit 1 Hanover Street is let to a meat manufacturer who has been in situ for over 30 years. Current rental income is £17,760 per annum. The house includes 5 spacious bedrooms, fully fitted kitchen, utility office, lounge and stores.
The property includes a substantial garden to the rear with potential for development subject to achieving the necessary planning consents.

Property Facts

Price £395,000
Price Per SF £160
Sale Type Investment
Tenure Freehold
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.05 AC
Rentable Building Area 2,469 SF
Number of Floors 1
Year Built 1950
Parking Ratio 0.81/1,000 SF

Amenities

  • 24 Hour Access
  • Courtyard
  • Storage Space
  • Listing ID: 34105611

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 8-10 Hanover St, Wakefield WF2 9BW

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