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£245,000

(£68.78/sq. ft)

Retail premises for sale

North Street, Keighley BD21
3,562 sq. ft

£245,000

(£68.78/sq. ft)

Retail premises for sale
North Street, Keighley BD21

    • 3,562 sq. ft

About this property

    Location


    The property is situated fronting North Street close to its junction with Spring Gardens Lane and just south of the A629 trunk road providing easy access to Bingley, Shipley, Bradford, the Aire Valley and beyond.

    The property is close to all local amenities with Keighley bus and train stations both close by.

    Other occupiers close by include Keighley Picture House, Charter Solicitors, Mangos, Shan House Business Centre etc.
    Description


    The property comprises a stone built former restaurant offering ground floor accommodation to include seating area, kitchen and WC facilities along with extensive basement storage. The upper floors comprise an occupied one bedroom flat currently producing £4,620 per annum along with a former residential flat more recently utilised as offices / storage accommodation with kitchen and bathroom.

    The property benefits from restaurant consent but may be suitable for alternative uses subject to the usual consents being obtained.

    The restaurant is also available to let, please the To Let brochure.
    Accommodation


    According to our measurements taken on site, the property offers the following net internal floor areas:-

    Ground Floor
    Restaurant, Kitchen 126.06 sqm 1,357 sqft
    WC’s -- --

    First Floor
    Living Room, Kitchen, Bathroom 56.21 sqm 605 sqft
    One Bedroom Flat (Occupied) Not Inspected

    Second Floor
    3 Bedrooms 58.62 sqm 631 sqft

    Basement
    Stores 90.02 sqm 969 sqft
    _________________________
    Approximate Total Net
    Internal Floor Area 330.91 sqm 3,562 sqft
    _________________________
    Services


    The property benefits from the provision of mains electric, water and drainage.

    Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type
    Outgoings


    We understand the property to be assessed for Uniform Business Rates as follows:-

    Description: Restaurant and Premises
    Rateable Value: £16,250

    The Uniform Business Rate for 2024/2025 is 49.90 pence in the £.

    Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.

    The Council Tax band for the living accommodation is a Band A
    Price


    £245,000 Subject to Contract
    Tenure


    The freehold of the property is available with the exception of the occupied first floor flat which is held under the terms of a lease for a term of 999 years from 1st September 1979.
    Tenancies


    The first-floor flat is currently let under the terms of an AST at a rental of £4,620 per annum (£385 per calendar month).
    Legal costs


    Each party to be responsible for their own legal costs incurred in the transaction.
    Energy performance certificate


    The Energy Performance rating for the property is:-

    C – 57
    VAT


    All prices and rentals quoted are exclusive of any VAT liability – if applicable.

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