£500,000
(£46.23/sq. ft)
Industrial for sale2-6 Thornton Terrace & Andrew Works, Wainhouse Road, Halifax, West Yorkshire HX1
10,815 sq. ft
Available immediately
About this property
Mixed residential & commercial property
4x fully let residential mid-terraces
3x commercial warehouse units (part let)
Opportunity to increase rental income
A substantial stone built property briefly comprising four mid terraced residential properties, 2x two-storey workshops along Thornton Terrace and a large ground floor warehouse on Wainhouse Road.
The residential properties present well and are fully let to long standing tenants. 4&6 Thornton Terrace both benefit from having 3 bedrooms, kitchen, lounge, bathroom, basement and a rear yard area. 2a & 2b Thornton Terrace both comprise of kitchen, lounge, 2 bedrooms and a house bathroom. The residential properties generate a combined rental income of £18,600 per annum.
Unit 2c/2d is let to Fern-Lea Glazing with a passing rent of £2,600 per annum and comprises a two storey workshop with solid concrete floor & w/c facilities to the ground floor, steel roller shutter over the personnel access door and a timber floor to the first floor. The tenant also has use of a store located at the ground floor between number 4 & 2c/d with an electric roller shutter.
Unit 2 is situated on the corner of Thornton Terrace and benefits from having loading access with a steel roller shutter over, personnel door, ground floor warehouse, first floor office and w/c facilities.
Andrew Works is a ground floor unit accessed from Wainhouse Road via double uPVC doors with roller shutter over and benefits from having a reception area, large warehouse, offices, relevant w/c and kitchen facilities.
Andrew Works & Unit 2 are currently vacant but were occupied most recently by an electrical company.
We consider there to be opportunity to increase the rental income of the property.
The residential properties present well and are fully let to long standing tenants. 4&6 Thornton Terrace both benefit from having 3 bedrooms, kitchen, lounge, bathroom, basement and a rear yard area. 2a & 2b Thornton Terrace both comprise of kitchen, lounge, 2 bedrooms and a house bathroom. The residential properties generate a combined rental income of £18,600 per annum.
Unit 2c/2d is let to Fern-Lea Glazing with a passing rent of £2,600 per annum and comprises a two storey workshop with solid concrete floor & w/c facilities to the ground floor, steel roller shutter over the personnel access door and a timber floor to the first floor. The tenant also has use of a store located at the ground floor between number 4 & 2c/d with an electric roller shutter.
Unit 2 is situated on the corner of Thornton Terrace and benefits from having loading access with a steel roller shutter over, personnel door, ground floor warehouse, first floor office and w/c facilities.
Andrew Works is a ground floor unit accessed from Wainhouse Road via double uPVC doors with roller shutter over and benefits from having a reception area, large warehouse, offices, relevant w/c and kitchen facilities.
Andrew Works & Unit 2 are currently vacant but were occupied most recently by an electrical company.
We consider there to be opportunity to increase the rental income of the property.
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Monthly repayment
£2,501 per month
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