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Lot 15
18/18a The Springs, Wakefield, West Yorkshire WF1 1QE

  • Photo1
  • Photo2
  • Photo3

Sold: £148,000

(GROSS YIELD 11.5%)
6 Week completion

SITUATION

Occupying a prominent trading position within the town centre, running parallel to Kirkgate which is the town's principal retail thoroughfare, and being amongst such multiples as Age UK, Halifax, CEX, Cash Generator, Nationwide, Betfred and only yards from The Trinity Walk Shopping Centre which houses JD Sports, O2, H & M, Barclays and many more.
Wakefield is located 8 miles south of Leeds and enjoys good road links via the M1 (Junction 39) and the M62 (Junction 3).

PROPERTY

A mid terraced building comprising a Ground Floor Shop with separate front access to a Photography Studio on the first and second floors. In addition, the property benefits from having rear access which backs on to a rear yard providing parking for 1 Car.

VAT is NOT applicable to this Lot

FREEHOLD

*Please note:

RESERVE:The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE: Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.