Trinity Business Park, Wakefield, WF2 8EF

Description

Investment summary:

Located within 0.5 miles of Wakefield City Centre, with swift access to the M1 motorway and Wakefield main line Stations.

A completely secure Business Park with one entrance and egress with manned security personnel.

A range of modern industrial and office buildings providing a total of 95,710 sq ft.

Excellent car parking provision with 372 (ratio of 4 per 1,000 feet) car parking spaces.

Asset Management opportunities.

Current net passing rent £825,403 pa.

Offers are invited in excess of £9,250,000 for the whole.

Net initial yield 8.5% after deducting purchasers costs of 6.5%.

Consideration will be given to offers for either the industrial element or office element separately as detailed below.

Location

Wakefield is a Cathedral City located approximately 10 miles south of Leeds with a resident population of 77,000 people and a district population of over 300,000 people.

Trinity Business Park occupies an enviable location being approximately 0.5 miles south west of Wakefield City Centre.  The area has seen significant commercial development over recent years including two of the City’s main Retail Parks, Ings Road and Cathedral, both of which are located immediately to the north west of the property between it and the City Centre.

In addition various car dealerships and a large Sainsbury’s Supermarket have been developed immediately to the east of the Park.

Accommodation:

Unit	sq m	sq ft
1	1,375.61	14,807
2, 3, 4	N/A	N/A
5A	721.85	7,770
5B	619.01	6,663
6, 7	1,701.24	18,312
8	1,350.81	14,540
9	N/A	N/A
10	1,534.66	16,519
Space Centre	1,588.55	17,099

Status	Sold
Type	Investment
Size	6,663 sq ft - 18,312 sq ft

Address

Trinity Business Park, Walford Way
Wakefield
WF2 8EF