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