EMPIRE HOUSE
Empire House occupies a prominent position in the heart of Dewsbury, directly adjacent to the Town Hall and surrounded by civic infrastructure, public transport links, and local amenities. Its centrality ensures consistent footfall and long-term relevance for both commercial and community uses.
Currently 77% occupied by area, Empire House generates a passing gross income of approximately £236,700 per annum, with a net income of around £49,800 after non-recoverables. The weighted average unexpired lease term stands at 1.8 years to break and 2.1 years to expiry, offering a blend of short-term flexibility and medium-term security.
Tenants include respected civic organisations-Kirklees Citizens Advice & Law Centre, Fusion Housing, and Cloverleaf Advocacy-alongside ground floor retail occupiers such as the Post Office, Café Etienne, and a Dental Surgery. These tenants provide reputational strength, social impact credentials, and operational resiliences
Planning advice has been secured for the conversion of the first to fifth floors into 74 self-contained residential units under Permitted Development rights. This would retain the ground and lower-ground floors as commercial accommodation, with a projected stabilized net income of ~£100,000 per annum. The residential land value is estimated at £1-£1.2 million, bringing the combined land and commercial value to approximately £2.2 million.
This dual-use configuration allows investors to unlock latent value while maintaining a diversified income stream. The building's scale and layout support educational, healthcare, or hybrid commercial-residential use, making it attractive to both investors and owner-occupiers.
Empire House offers flexibility for partial occupation, allowing owner-occupiers to base operations within the building while benefiting from rental income across the rest of the estate. Its civic footprint and goodwill make it particularly well-suited to educational institutions, community organisations, or service providers seeking a central, credible location.