11-15 Wharf Street, Sowerby Bridge
£33.56 per sq ft
Business rates & charges may apply
- 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 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
Notes
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