4, 4a, 6, 8 & 10 Dodge Holme Drive, Halifax, West Yorkshire, HX2 8PE

Description

The property comprises a parade of retail units which are part single and part two-storey and income producing. There is a residential unit within the block and is positioned on the edge of a residential estate in an area which generates custom from the local community. The properties are full let generating an income of £51,740 per annum which reflects an initial yield of 11.5% based on the asking price. The buildings are predominantly brick built under pitched timber framed concrete tiled covered roofs. There are some flat roof structures, and all units are let under formal commercial leases.

Location

The properties are well located in a popular residential area which is densely populated approximately 3 miles to the northwest of Halifax town centre. The area provides some local authority and social housing and is an area which is on the edge of the urban area adjoining the countryside. It provides good connectivity to Halifax town centre.

Outside

The total site area extends to approximately 772m2. The area of land to the rear of the property has been let separately for external storage.

Rent/Price

£450,000