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Retail/Shop

Retail/Shop For Sale Halifax

PROPERTY ID: 148295

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

3,078 sq.ft

Key Features

INCOME PRODUCING INVESTMENT OPPORTUNITY IN BRIGHOUSE TOWN CENTRE
CURRENTLY PRODUCING A COMBINED RENTAL INCOME OF £31,100 PA
TOTAL ERV ESTIMATED AT £43,000 PA
REVERSIONARY YIELD OF 9.55% (based on our opinion of ERV)

Property Details

The property occupies a prominent position along Bethel Street, close to the junction of Briggate & Market Street, in Brighouse Town Centre. Brighouse is a busy market town which has been awarded with £19.1million from the Government's Towns Fund to deliver a series of projects that will reshape and reinvigorate the town and support long term economic and productivity growth. Within this, just over £9million has been allocated to enhance the retail and leisure offering with pedestrianised areas aimed at increased footfall. Brighouse is ideally located for access to the M62 motorway network located within 1 mile and is surrounded by the larger Towns of Huddersfield and Halifax.

The Investment Briefly Comprises A Substantial Stone Built Building Along Bethel Street In The Heart Of Brighouse Town Centre, With Mixed Multi-tenanted Retail To The Ground And First Floor Levels.

The Property Briefly Comprises Three Retail Units Set Out Over Three Floors With Frontage To Bethel Street And First Floor Offices Which Are Let To A Taxi Rank. The Retail Tenants Include Ryecorn Wholefoods, Le Gourmet Delicatessen And Brighouse Local Newsagents.

The Investment Currently Produces A Combined Rental Income Of £31,100 Per Annum With Opportunity For Growth On The Headline Rentals. Total Erv Is Estimated At £43,000 Pa Reflecting A Reversionary Yield Of 9.55% (based On Our Opinion Of Erv).

Mains Services Connected To The Premises Include Electricity, Water And Drainage. Please Note These Services Have Not Been Tried Or Tested And Any Interested Parties Are Advised To Satisfy Themselves As To Suitability And Condition.

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About the Agent

Walker Singleton

See Agent's Other Properties

Retail Unit

£450,000 Freehold

33/41 Bethel Street, Halifax, HD6 1JR
Retail/Shop - Available
3,078 sq ft
286 sqm
Show phone number

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