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Commercial Property for Sale

33 Brook Street, Wakefield, WF1 1QW

WHY INVEST IN THIS PROPERTY

  •  Double fronted retail premises on a main pedestrian shopping precinct which would suit a number of users- subject to any necessary consents. This property is a commercial conversion development opportunity. It has planning permission for 2 shops and 4 apartments and it is sold vacant. There is scope to turn it into a successful business due to its location!
  • ​Just a 6 minute drive from Wakefield Westgate station, which makes this property the ideal location to attract commuters and visitors.
  • ​​Wakefield has great access to the motorway network. The M1 runs north to south, connecting Leeds with London, and the M62 connects you to Hull, Leeds, Manchester, and Liverpool. This makes Wakefield the perfect stop between each place and brings in business from all over the country!
  • ​​Wakefield is an amazing city which attracts visitors due to the various attractions it offers. This includes Yorkshire Sculpture Park, Wakefield Cathedral, Nostell Priory and Parkland, The Hepworth Wakefield and Theatre Royal Wakefield.
  • ​The city offers a range of festivals for the public to enjoy. These include The Tribute Festival, the Long Division Festival 2022, Festival of Earth, and the Wakefield Food, Drink and Rhubarb Festival. Just to put the popularity of these into perspective... the Wakefield Food, Drink and Rhubarb Festival alone boosted the local economy by £2 million!
  • ​Wakefield Council have approved major redevelopment plans for Belle Vue stadium, providing a brand new 2,507 seated capacity and community facilities. The project for Wakefield Trinity R.L.F.C. includes a resurfaced pitch, upgraded floodlights, new offices, meeting rooms, café and community use fitness facilities. Not only this, but also, during construction, 100 new jobs will be created on site. A further 166 will be generated in the supply chain. If this wasn’t enough, the estimated contribution to economic output is £14 million upon completion! The city is truly thriving and this stadium is only 7 minutes away from the property, so it’s a great time to enter the scene!
  • ​​The historic Wakefield waterfront mills is to be brought back to life as it has received £2.89 million as part of their regeneration plan. This will add yet another cultural string to Wakefield’s bow and will be offering new job opportunities, particularly in the cultural and digital sectors. This is as well as being another destination for visitors to complement The Hepworth Wakefield. During the construction phase, the work is expected to create 120 jobs! This property is just a 4 minute drive away from this project!

THE NUMBERS

  • Purchase price: £299,999
  • ​​30% deposit: £90,000
  • ​​Stamp duty: £4,500 plus legals
  • ​​Sourcing fee: £10,000 + VAT
  • ​Total cost: £94,500 plus legals
  • ​Achievable rent for shop £1500 x2 = £3000 pcm
  • ​Achievable rent for shop per year £3000 x12 = £36,000
  • ​Achievable rent for a studio apartment £450 x4 =£1800 pcm
  • ​Achievable rent for a studio apartment £1800 x 12 = £21,600
  • ​Total achievable rent per year: £57,600
  • ​​Yield: 19.2%
*For further information, text: "692" to 07803 410 237
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Commercial Property

30 Kirkgate, Tadcaster, North Yorkshire, LS24 9AD

WHY INVEST IN THIS PROPERTY

  • Tadcaster is conveniently between Leeds and York benefiting from the A64 and A1 motorway which are both in close proximity.
  • ​​​Spacious restaurant and living accommodations spread across 3 storeys right in the heart of the town centre. 
  • ​The property lends itself to being split into multiple units, both commercial and residential, which would be subject to planning permission that has not been sought at this time.
  • ​​Variety of activities to get stuck into, from a luxurious spa day at the Siam Thara Thai Beauty Spa to a jam-packed day of fun at the Yorkshire Activity Centre
  • ​Many attractions to be in awe over, including the National Railway Museum and Hazelwood Castle
  • ​​Endless food places to be able to indulge in all cuisines

THE NUMBERS

  • Purchase price: £399,999
  • ​30% Deposit for commercial mortgage: £120,000
  • ​Stamp Duty: £27,500 (5%) + Legal Costs
  • ​​Sourcing Fee: £8,000 + VAT
  • ​​Current Rent Achieved (Residential): £2,450pcm
  • ​Total Achievable Rent Per Month for all units: £4,950pcm
  • ​Current Annual Rent Achieved (Residential): £29,400
  • ​Total Achievable Annual Rent: £59,400
  • ​ROI: 10.8%
*For further information, text: "570" to 07803 410 237
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Commercial Property

9 Leeming Lane North, Mansfield Woodhouse, Mansfield, NG19 9HZ

WHY INVEST IN THIS PROPERTY

  • Mansfield is a large market town and the administrative centre of Mansfield District in Nottinghamshire, England. It is the largest town in the wider Mansfield Urban Area.
  • ​The property is a 5 minute drive from the train station, so the property is in a very convenient place, especially for commuters.
  • ​This commercial property is an old garage that is no longer in working order but has huge potential to be successful due to it being a large plot.
  • ​Mansfield has seen a surge of business start-ups during the past year, meaning lockdown restrictions have failed to dampen the entrepreneurial spirit in the district. 
  • ​The council has supported businesses throughout the pandemic, distributing a total of £30m in government support grants and £41,500 in council business support grants.
  • ​These grants have allowed many businesses to open or stay afloat during this challenging year. Meanwhile other businesses have adapted to operate successfully in a Covid-secure way.

THE NUMBERS

  • Purchase price: £450,000
  • ​30% Deposit: £135,000
  • ​​Sourcing Fee: £10,000 + VAT 
  • ​Stamp duty: £12,000 plus legals
*For further information, text: "674" to 07803 410 237
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Commercial Property 

12 Cross Hill, Hempsworth, Pontefract, WF9 4LQ

WHY INVEST IN THIS PROPERTY

  • This commercial property is a family-friendly pizza, pasta & sub chain for delivery or eat-in and includes a taxi rank.
  • ​It is situated just a 3-minute drive away from Hemsworth Town Centre and just 1 minute away from the bus station. This will be great for business for when commuters enter the vicinity. 
  • ​Approximately 15 minutes away from some amazing tourist attractions such as Pontefract Castle, Pontefract Museum and Frickley Park.
  • ​Pontefract is a historic market town in the Metropolitan Borough of Wakefield in West Yorkshire. Plans have been submitted to transform the former fire station site on Stuart Road, Pontefract, into 37 residential apartments. This fire station site has been identified as a gateway to the town and these 37 apartments will be made up of one and two bedrooms. The homes will be contemporary and high quality as it aims to reflect the industrial heritage of Pontefract. This commercial property is just 15 minutes away from this former fire station.
  • ​There is also a plan that outlines proposals for the redevelopment of priority areas around Pontefract town centre in order to better connect the historic town centre with the Castle, Racecourse and new leisure hub. This includes the development of new homes, delivery of new infrastructure, improved cycle and walking routes to increase accessibility and more green spaces to improve the town for local residents and visitors.
  • ​Pontefract Racecourse has historically been honoured at the annual RCA Showcase Awards by winning the prestigious #TopSpot Award. The RCA Showcase Awards celebrates excellence and innovation in racecourse customer experience, highlighting how fantastic this racecourse is to attract visitors to the area. This commercial property is just around a 15-minute drive away from this racecourse.

THE NUMBERS

  • Purchase price: £320,000
  • ​30% deposit: £96,000
  • ​​Stamp duty: £5,500 plus legals
  • ​Sourcing fee: £10,000 + VAT
  • ​Total cost: £101,500 plus legals
  • ​Achievable rent: £3,900 pcm including bills
  • ​Achievable rent per year: £46,800 including bills
  • ​​Yield: 15% 
*For further information, text: "391" to 07803 410 237

                                                                                                                                                                

A Fully Managed, Assured Returns 
UK Property Investment
Diamond proudly present an investment opportunity which is fully managed, fully furnished and offers you 7% assured yield for 5 years with a 110% buyback option at the end
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A Cut Above The Rest.
  • OFF MARKET. This opportunity is solely available to Diamond Investors
  • GUARANTEED EXITS. Guaranteed Tenant and 110% Buyback Guarantee
  • HIGH SPEC, HIGH DEMAND. Shortage of student accommodation and none to this spec in area
  • FULLY FURNISHED. Ready to welcome tenant straight away with no cost of furnishing
Lancaster
A UK City of Opportunity
  • DEMAND. Lancaster University has 18,000 students, however it is estimated that there is currently only 1 student bed per 10 students...
  • TOP UNIVERSITY. Won 2020 University of the Year Award and is consistently one of the UK top 10 for education. So a high value university!
  • INVESTMENT HOTSPOT. Lancaster is ranked in the top 10 areas to invest in property in the UK
  • INVEST FROM ANYWHERE. Because this investment is fully managed. You never need to visit here yourself and can invest from anywhere in the world!

The Numbers

  • £94,950 - £108,500 dependant on size and spec
  • ​*LTV 70% - 75%
  • ​Sourcing fee: £3,000 + vat (Discount if purchasing in multiples)
  • ​​Reservation fee: £5,000 (Taken off from your purchase price)
  • ​Furnishing and advertising: £0
  • 110% Buyback Guarantee
  • ​7% Guaranteed Yield assured for 5 years
  • ​Income pcm: £550 - £624
  • ​Income per Annum: £5,594 - £7,490
*Subject to status and lending criteria. Please check with your finance broker or lender.

Why Student Accommodation?

  • There is a large demand for accommodation with UK universities currently having over 2.4 million students and growing every year
  • ​Many students are unable to learn online and still need to attend. So safe, high spec student living is more desirable now than ever
  • ​We are so confident that there will no void periods, that you will be paid rent even if a tenant can't be found straight away!

 Earn Hands-Free Income Now (The Process)

  • ​​Receive call from Diamond Investor Team to confirm plot, price and payment method. Then pay Sourcing Fee of £3,000 + vat (Discount if purchasing in multiples)
  • ​Make reservation payment of £5,000 which will be taken off of your purchase price
  • ​​Your Account manager will introduce you to our pre-arranged solicitors & brokers who can ensure efficient, seamless completion
  • ​Once you complete, you will instantly begin earning income at your 7% Assured Yield for a minimum of 5 years

FAQs

ARE STUDIOS DELIVERED FURNISHED?
Yes. For ease of purchase, each studio is delivered fully furnished to appeal to the student market.
WILL THE DEVELOPER OWN THE FREEHOLD?
Yes, the developer will continue to own the freehold. However, they do offer a leasehold for 125 years on each unit.
WHAT IS THE ADDRESS OF THE DEVELOPMENT?
Silk Mill Suites, Chapel Lane, Galgate, 
Lancaster LA2 0PR
ARE MY RETURNS ASSURED? IF SO, HOW LONG FOR?You will receive a contractual return of 7% NET per annum for 5 years.
WHAT HAPPENS AT THE END OF THE ASSURED RENTAL PERIOD? In most cases, the developer will continue to manage the property and offer a revised assured rent. However, there is also a developer buyback option in place from year 6, should you wish to sell your studio.
DOES THE DEVELOPER HAVE A TRACK RECORD?
Certainly, both have a long and distinguished record of delivering a substantial return on investment from its developments - particularly in new build and renovated student accommodation.
CAN I RESELL MY UNIT AT ANY STAGE?
Yes, upon completion of your purchase, the leasehold is yours to sell.
WHAT IS THE RESERVATION FEE?
To reserve your unit, you are required to pay a fee of £5,000 per unit. This will be deducted from your purchase price upon completion.
HOW DOES THE BUYBACK OPTION WORK?
From the start of year 6, you are given the option to sell back to the developer for 110% of your original purchase price. Please note that you may sell on the open market if you wish to.