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Halfords McConechey’s, Wakefield


Size
23,384 sq ft
Tenant
McConechy’s Tyre Services Ltd (Wholly owned subsidiary of Halfords Autocentres Ltd)
Value
£1,850,000
Yield
6.13%

Property description

A modern detached single let industrial / auto-trade investment opportunity, prominently located in Silkwood Park, Wakefield, with excellent access to the M1 Motorway. The property comprises 23,384 sq. ft, on a low-density site at a low passing rent of £120,474 pa (£5.15psf) offering good reversion.

The purchase price of £1.85M reflects a NIY of 6.13%, and low capital value of £79.11 psf.