Commercial property
For Sale
Silkwood Business Park, Flanshaw Way, Wakefield

  • Long let (until 2026) trade/industrial unit (guarantor D&B 2A2) with RPI increase (1-5%)
  • Freehold
  • Located close to J40 of the M1 in prime industrial location
  • 22,356 sq ft with low site cover (c.20%)
  • Producing £104,592 per annum
  • Low passing rent of £4.67 per sq ft
  • RPI linked uplift in 2021
  • Min increase to £115,631
  • Max increase to £129,921
  • Offers in excess of £1,516,500 exclusive of VAT and subject to contract reflecting a net initial yield of 6.5% and a purchaser's cost of 6.108% with a minimum reversionary yield of 7.19% and maximum reversionary yield of 8.07% in 2021
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