£695,000
(£44.29/sq. ft)
Land for sale39-47 Commercial Street, Halifax, West Yorkshire HX1
15,693 sq. ft
Just added
Available immediately
About this property
Mixed use retail/residential redevelopment opportunity (STPP)
Substantial former banking hall & offices
Gia 15,693 sq ft (1,457.88 sq M)
Freehold opportunity
The property briefly comprises a substantial former banking premises in Halifax Town Centre with opportunity for redevelopment (STPP).
The ground floor comprises the main banking hall with a large frontage along Commercial Street, which could feasibly be split into 3 retail units. Lift access is provided to the upper floor office accommodation, relevant kitchen & toilet facilities; the basement level provides ancillary stores.
The upper floors are considered to be suitable for redevelopment into c. 22 residential apartments, based on the enclosed indicative plans and subject to planning permission.
The property is in good condition throughout and was completely rebuilt around 1993 whilst retaining the front facade.
Estimated Rental Values
Once redeveloped, we consider the property to have an overall erv of approximately £275,000 per annum.
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 ground floor comprises the main banking hall with a large frontage along Commercial Street, which could feasibly be split into 3 retail units. Lift access is provided to the upper floor office accommodation, relevant kitchen & toilet facilities; the basement level provides ancillary stores.
The upper floors are considered to be suitable for redevelopment into c. 22 residential apartments, based on the enclosed indicative plans and subject to planning permission.
The property is in good condition throughout and was completely rebuilt around 1993 whilst retaining the front facade.
Estimated Rental Values
Once redeveloped, we consider the property to have an overall erv of approximately £275,000 per annum.
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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Monthly repayment
£3,476 per month
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