New Street, Huddersfield, West Yorkshire, HD1

FREEHOLD

**Currently a multi-let as an office block producing a net rental income of £56,500 with an erv of £84,000, Instant income!**

Office block ready to be transformed with an approved planning, allowing a residential redevelopment.

Area for sell -

Basement - with a coverage of 1,600SQFT which is currently a car park
2nd floor - 2,767 SQFT
3rd floor - 2,827 SQFT
4th floor - 2,835 SQFT
5th loor - 2,803 SQFT
6th floor - 2,811 SQFT

Bringing this to a total of 15,600sqft existing structure available & ready for development.

Plus circa 14,000 SQFT providing additional air space for development, increasing the area to over 30,000 SQFT, making it a prime long term investment.


**Location**

- Kirklees Council is undertaking substantial regeneration under phase 1 of the £262 million Huddersfield Town Centre refurbishment master plan; with the former Queensgate Market which will become a food hall. Redevelopment also includes creating a new Cultural Heart in the Queensgate and Piazza district. The plan aims to transform the immediate vicinity with additions such as a new library, art gallery, museum, and live music venue.

Prominently located in Huddersfield town centre,surrounded by New Street and Corporation Street. It is adjacent to the Town Hall, Library, Art Gallery, and the primary shopping district. The main bus station and Huddersfield Railway Station are within walking distance. The University of Huddersfield campus is 0.2 miles east, and the property provides easy access to the TransPennine rail network.

Huddersfield is the principal town in the Kirklees district of West Yorkshire, strategically positioned approximately 16 miles southwest of Leeds and 28 miles northeast of Manchester. The town offers direct access to Junctions 23,24, and 25 of the M62, connecting to the major motorway network in the north of England.


**Potential future development**
The property can potentially be converted into 25 small studios (19-22 sq. M), 15 medium studios (24-24 sq. M), and 5 large studios (31 sq. M).Alternatively, a scheme for an apartment hotel or mixture of 1-2 bed apartment


**Tenure**: Freehold

**EPC**: Energy Performance Certificates available on request. Refer to the tenancy schedule for individual designations.

**Rateable Values**: Available on request for individual properties.

**VAT**: Applicable on the purchase price.

**tupe**: The purchaser must comply with relevant legislation regarding current employees.

**Viewings**: Ivy Group facilitates formal inspections of the site.

*Supporting Information please request**

**Redevelopment Opportunities**:
- Competing Studio Scheme Illustration Available in Brochure.
- Floorplans & Designs Available in Brochure



For more information or to arrange a viewing please don't hesitate to get in touch.

Misrepresentation Act 1967 Ivy Group Of Companies Ltd for themselves, for any joint agents, and for the vendors or lessors of this property whose agents they give notice that:
1: The details contained within these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.
2: All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to each of them. Figures and gross rentals quoted may be subject to change.
3: No person in the employment of Ivy Business centre Ltd or any joint agents has any authority to make or give any representation or warranty whatsoever in relation to this property. 4: All rentals and prices are quoted exclusive of VAT. Compliance Declaration: One of the partners in our commercial division has a declarable interest in this property. This statement is being made in compliance with regulations ahead of any potential negotiations.