Home > Auctions > 9 June 2026 09 June 2026 - 9:00am > Lot 163

9 June 2026: Tuesday 09 June 2026 - 9:00am
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    Key features

    • Substantial Attractive Freehold Retail / Development Opportunity
    • Comprises two ground floor shops
    • Comprises 8,198 sq ft (761.60 sqm arranged as two ground floor shops and ancillary spaces two upper two floors
    • Prime town centre location on Kirkgate
    • Asset management potential via development or re-letting
    • Possible opportunity to split units (subject to necessary consents)
    • Guide Price reflects a low capital value of £6.90 per sq ft
    • Vacant

    Description

    The property is arranged on ground and two upper floors to provide twoground floor shops, one of which has part first floor sales over both groundfloor shops. The second floor provides ancillary and plant accommodation.The property also benefits from a service yard to the rear.The property occupies a prominent position on Kirkgate in Wakefield, which forms part of the town’s established retail and commercial centre. The surrounding area is characterised by a mix of national and independent occupiers, with nearby retailers including Boots, Poundland, Card Factory, Greggs and CeX, together with a variety of café and restaurant operators including Costa Coffee, Subway and KFC.

    Additional information

    Tenure

    Freehold

    Accommodation

    38 Kirkgate

    Ground Floor 241.25 sq m (2,598 sq ft)



    40-42 Kirkgate

    Ground Floor 216.85 sq m (2,334 sq ft)

    First Floor Sales 206.6 sq m (2,223 sq ft)

    Second Floor 96.9 sq m (1,043 sq ft)

    Notes

    NOTICE – RENTERS' RIGHTS ACT 2025. Please take note if you wish to bid on a property with a tenancy. This Act is in force from 1 May 2026. From that date, all assured tenancies in the private rented sector will become rolling (“periodic”) tenancies and the current system of fixed term assured shorthold tenancies will no longer apply. Tenancies signed on or after 1 May 2026 will be subject to the new rules. If you are purchasing a property currently let on an assured shorthold tenancy, the tenancy may no longer operate as described in the tenancy schedule or legal pack if completion falls on or after 1 May 2026. Other changes under the Act also apply. This notice is for your information only and you should take legal advice before bidding and review Government Guidance available at: www.gov.uk/government/publications/guide-to-the-renters-rights-act Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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        Local information

        The property occupies a prominent position on Kirkgate in Wakefield, which forms part of the town’s established retail and commercial centre. The surrounding area is characterised by a mix of national and independent occupiers, with nearby retailers including Boots, Poundland, Card Factory, Greggs and CeX, together with a variety of café and restaurant operators including Costa Coffee, Subway and KFC.

        Transport

        The property benefits from strong transport connectivity, being situated within convenient reach of Wakefield Kirkgate railway station and Wakefield Westgate railway station, both of which provide regular rail services to Leeds, Sheffield, Doncaster and London. Road communications are also excellent, with the property benefiting from access to the A61 and A650, together with nearby connections to the M1 motorway via Junctions 39 and 40, providing routes throughout Yorkshire and the wider motorway network.

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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