29 apartments – fully let to private clients.

A Permitted Development Rights (PDR) conversion to 29 self-contained apartments using the permitted development right which allows conversion of b1 offices to c3 residential accommodation.

0731 Commerce House168 Westgate Wakefield Cgi03

Self contained apartments

A Permitted Development Rights (PDR) conversion to 29 self-contained apartments using the permitted development right which allows conversion of b1 offices to c3 residential accommodation.

Wakefield is a city in West Yorkshire on the River Calder & the Eastern edge of the Pennines.

The local economy declined in the last quarter of the 20th century as the coal mines & traditional manufacturing industries closed. However, employment grew 12% between 1998 & 2003 as the economy recovered and the economic base of the district was diversified. Growth has been supported by inward investment from European & UK Government funding.

At the 2001 census, there were 33,521 people in employment who were residents within Wakefield.

The building is now fully let to private tenants.

£2,356,000ValuationBased on 8% yield
100%Let within9 weeks
£125per weeklet average

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