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7 Westgate Wakefield, WF1 1JZ
Use Class
E
Size
1,148 sq ft
Rent pa
£27,500
Prime city centre shop
Westgate lies at the heart of Wakefield's retail offer and is the city's prime pedestrianised street.
The subject property occupies a prominent position on Westgate, close to the Cathedral Walk entrance to The Ridings Shopping Centre and therefore Primark, TK Maxx, and the Kitchen Food Court. Westgate occupiers nearby include Boots Opticians, TUI Travel and Waterstones.
Wakefield is an established cathedral city situated c. 11 miles south of Leeds. This well connected city is served by 3 junctions of the M1 motorway and lies on the main East Coast rail line with London reached in c.2 hours. The city has a strong retail offer with two shopping centres (The Ridings c.319,000 sqft and Trinity Walk c.500,000 sqft) lying either side of the Cathedral and pedestrianised Westgate/Kirkgate. Retailers including the likes of M&S, Boots, H&M, JD Sport, River Island and New Look are all represented.
Key Information
Viewing
Strictly by appointment.
Accommodation
1,148 Sq.Ft
The premises comprise the following approximate net floor areas:
Financial
Lease Term
The premises are offered on a new effective FRI lease for a term to be agreed, subject to upward only rent reviews every 5 years.
Rent
£24,500 per annum exclusive.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Business Rates
We expect the property will be re-assessed on occupation but the figures should not exceed the following: Rateable Value (April 2023) £19,750.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £9,855.25 Estimated Payable with Retail Relief £2,463.81 For further details visit www.voa.gov.uk or contact the local Rating Authority. The Rates Payable may be subject to small business and/or other reliefs.
Rates
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
The Energy Performance Asset Rating is Band E (105). A copy of the EPC is available for inspection if required.
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2024 Completely Property Technology Limited
This was last updated on 26/04/2024