21-23 Town Hall Street, Sowerby Bridge, Halifax
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- FULLY LET MIXED USE INVESTMENT OPPORTUNITY
- Ground floor commercial unit with 5 residential units above and to the rear
- Gross Rental Income £39,800 per annum
- Commercial unit occupied by Ryder & Dutton estate agents under a 10 year lease
- 4 apartments and 1 cottage, all finished to a good modern standard.
- Initial yield based on passing rents 8.37% with the prospect of rental growth
Description
The ground floor is a commercial unit formerly occupied as a building society, and currently occupied by regional estate agents, Ryder & Dutton.
The upper floors are converted into 4 flats which are all tenanted under assured shorthold tenancies.
In addition, there is a cottage to the rear accessed off Corporation Street.
The property provides a fully let mixed commercial and residential investment block with apartments finished to a satisfactory standard, with the commercial element of the property occupied under a formal commercial lease for a term of 10 years to a good quality regional covenant.
Brochures
21-23 Town Hall Street, Sowerby Bridge, Halifax
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sowerby Bridge Station0.2 miles
- Halifax Station2.5 miles
- Mytholmroyd Station3.2 miles
Notes
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