Nelson Street, Batley, West Yorkshire, WF17
- SIZE AVAILABLE
5,095 sq ft
473 sq m
- SECTOR
4 bedroom mixed use property for sale
- USE CLASSUse class orders: A1 Shops and C2 Residential Institutions
A1, C2
Key features
- Exciting Investment Opportunity
- Portfolio Comprises 4 x commercial units, 3 x residential units and workshop across 5,095 sq. ft, as well as outbuildings and a shared yard.
- Located within Birstall, boasting excellent transport links with the M62
- Property benefits from prominent roadside position with excellent visibility
- Estimated rental value (ERV) to be in excess of £58,000 per annum once all units are let
- The property benefits from an active tenancy providing an income of £6,760 per annum
Description
Hilco are pleased to offer this exciting freehold investment opportunity within the town of Birstall. This property comprises a mixed-use terrace fronting Nelson Street, incorporating four commercial units, a rear workshop with outbuildings within a shared yard, and three residential units, including a two-bedroom apartment and two one-bedroom apartments.
The ground floor accommodation includes four retail units (Nos. 15-21), and a rear workshop. There is also a shared yard and off-street parking for approximately 5 vehicles, accessed via two separate archways from Nelson Street - one serving the rear yard with an electronic roller shutter and the other providing access for the two residential units (15A & 15B).
Unit 21 is currently let and occupied as a beauty salon, with the remainder if the accommodation having recently been vacated. The first-floor flat is particularly spacious and offers strong letting potential, with additional former office accommodation above Unit 17 offering further scope for income generation or reconfiguration.
This rare freehold opportunity provide scope for value enhancement through letting and active asset management. The estimated rental value (ERV) is expected to be in excess of £58,000 per annum once fully let.
Given its central and prominent location, flexible layout and range of income-producing elements, we expect the property will appeal to a broad range of investors.
Offers are invited for the freehold interest.
Additional information is available within the data room.
LOCATION
Situated within the vibrant community of Birstall, Batley, 15-23 Nelson Street benefits from a prominent roadside position with excellent visibility. This established location offers immediate access to a range of local amenities, including shops, cafes and local services. The property boasts excellent transport links; being within 1.3 miles from Junction 27 of the M62, providing clear access to Leeds, Bradford and Manchester.
KEY INFORMATION
* Offers are invited for the freehold interest
* It is intended that the property will be sold by way of
private treaty.
* The Administrators are not bound to accept the highest,
or indeed any offer received.
* VAT will be payable if applicable
* Each party is to bear their own legal costs.
* Further information is available in a data room. Access
will be provided upon request
Brochures
Nelson Street, Batley, West Yorkshire, WF17
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Batley Station2.1 miles
- Dewsbury Station2.9 miles
- Morley Station3.0 miles
Notes
Disclaimer - Property reference 15-23_Nelson_Street. 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 Hilco Global Real Estate Advisory, London. 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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