£600,000
(£123.97/sq. ft)
Retail premises for sale43-51 Bethel Street, Brighouse, West Yorkshire HD6
4,840 sq. ft
About this property
Income producing investment opportunity in brighouse town centre
Currently producing A combined rental income of £41,000 pa
Total erv estimated at £70,000 pa
Reversionary yield of 11.66% (based on our opinion of erv)
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 four ground floor retail units are fully let and comprise of Kafe Rose, Overgate Charity Shop, Overgate Boutique & Turkish Delight. The first floor comprises 6 suites, one of which is occupied by Overgate Charity Shop and can be accessed from their ground floor retail unit. The others are currently let, with the exception of one. First floor occupiers include a hairdressers and beauticians.
The investment currently produces a combined rental income of £41,000 per annum with opportunity for growth on the headline rentals. Total erv is estimated at £70,000 pa reflecting a reversionary yield of 11.66% (based on our opinion of erv).
Mains services connected to the premises include electricity, gas, 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.
The four ground floor retail units are fully let and comprise of Kafe Rose, Overgate Charity Shop, Overgate Boutique & Turkish Delight. The first floor comprises 6 suites, one of which is occupied by Overgate Charity Shop and can be accessed from their ground floor retail unit. The others are currently let, with the exception of one. First floor occupiers include a hairdressers and beauticians.
The investment currently produces a combined rental income of £41,000 per annum with opportunity for growth on the headline rentals. Total erv is estimated at £70,000 pa reflecting a reversionary yield of 11.66% (based on our opinion of erv).
Mains services connected to the premises include electricity, gas, 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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