Guide price
£190,000
(£86.13/sq. ft)
Retail premises for saleKing Edward Street, Halifax HX1
2,206 sq. ft
About this property
Retail investment opportunity.
Situated in prominent position within Halifax Town Centre.
Achieving £19,000pa.
Guide price £190,000.
The property is situated in a prominent position along King Edward Street within Halifax Town Centre with neighbouring occupiers including Tesco and Santander. Halifax is located approximately 15 miles south west of Leeds and 8 miles north west of Huddersfield.
The property comprises of a large two storey retail unit currently let to Cash Connector Limited at a passing rent of £19,000 per annum exclusive. The ground floor provides good frontage overlooking King Edward Street and is currently configured to provide secure retailing space for the tenant. The first floor provides additional storage space with kitchen and W/c facilities.
We are instructed to receive offers in the region of £190,000 for the long leasehold interest. A purchase at this level reflects a net initial yield of 9.63% assuming acquisition costs of 3.8%. Viewings are strictly through appointment via us as sole agent.
The property comprises of a large two storey retail unit currently let to Cash Connector Limited at a passing rent of £19,000 per annum exclusive. The ground floor provides good frontage overlooking King Edward Street and is currently configured to provide secure retailing space for the tenant. The first floor provides additional storage space with kitchen and W/c facilities.
We are instructed to receive offers in the region of £190,000 for the long leasehold interest. A purchase at this level reflects a net initial yield of 9.63% assuming acquisition costs of 3.8%. Viewings are strictly through appointment via us as sole agent.
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Monthly repayment
£950 per month
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