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11-15 Wharf Street, Sowerby Bridge

Offers in Region of
£355,000

£33.56 per sq ft

Business rates & charges may apply

BRAMLEYS LLP, Huddersfield
SIZE AVAILABLE

10,577 sq ft

983 sq m

SECTOR

Commercial property for sale

Key features

  • LONG LEASEHOLD INVESTMENT OPPORTUNITY
  • Net Return 10.57%
  • Let to B & M Retail Limited who have 700 stores and employ over 35,0000 staff across England, Scotland, Wales and Northern Ireland.
  • 3 Year lease commencing 21 December 2023.
  • Passing rent £44,500 per annum with a ground rent payable of £7,500. Net rent receivable £37,000 per annum.
  • Retail warehouse accommodation extending to 10,577ft² GIA.
  • EPC Asset Rating C

Description

The property comprises a predominantly single storey retail warehouse positioned within Sowerby Bridge town centre.

The accommodation extends to approximately 10,577ft² having frontage onto Wharf Street, in addition to a generous car parking area to the rear.

The property is let to B & M Retail Limited for a term of 3 years from 21 December 2023. The passing rent is £44,500 per annum.

B & M Retail Limited were incorporated on 14 March 1978 and their accounts ending 25 March 2023 show an increase in revenue of 4.1% and pre-tax profits of £436 million and a Net Worth of £604m.

They have over 700 stores across England, Scotland, Wales and Northern Ireland and total average sales increased by 3.5% in the last financial year.

B & M Retail hold a lease for a term of 3 years from 21 December 2023 at a rent of £44,500 per annum.

Brochures

11-15 Wharf Street, Sowerby Bridge

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sowerby Bridge Station0.1 miles
  • Halifax Station2.4 miles
  • Mytholmroyd Station3.3 miles

About BRAMLEYS LLP, Huddersfield

14 St. Georges Square, Huddersfield, HD1 1JF

BRAMLEYS LLP, Huddersfield

With the combined experience of our team of Chartered Surveyors, Bramleys commercial have an unrivalled wealth of skills and knowledge in the commercial and industrial property market place. Active in all sectors of the market throughout Yorkshire, Bramleys commercial services. Our proactive and professional team of industrial and commercial surveyors regularly advise and act in the sale and letting of all types and size of commercial property, ranging from corner shops to multi million pound

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Notes

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Disclaimer - Property reference 33108861. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BRAMLEYS LLP, Huddersfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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