For
59 & 61 Wakefield Road PRICE: Aspley £270,000 Huddersfield HD5 9AB
INVESTMENT OPPORTUNITY Rental Income - £18,940 per annum
• Ground floor retail unit leased to Subway Realty Ltd for a term of 10 years from 30 January 2016 at an annual rent of £10,000 per annum.
• Two upper floor one bedroom apartments let on Assured Shorthold Tenancies.
IN DUSTRIAL RETAIL IN VESTMENT OFFICE LAND
DESCRIPTION ACCOMMODATION
Ground Floor: The property comprises a two storey, stone-built, commercial and residential property constructed under a pitched concrete Sales Accommodation 34.48m² (371ft²) tiled roof. The ground floor is occupied by Subway Realty Limited having a powder-coated aluminum shop front and Storage 20.14m² (217ft²) finished to a high specification internally. The upper floors were WC
converted into apartments in approximately 2005 and provide First Floor: two independent one bedroom apartments which are finished to a modern specification. Apartment 1: Bedroom, Living Kitchen and Bathroom
Ownership of the property includes a car parking area to the Apartment 2: Bedroom, Living Kitchen and Bathroom
rear. The availability of the property presents an excellent opportunity to acquire investment premises with good-quality TENANCIES
commercial tenants in an area generating a good level of both vehicular and pedestrian passing footfall on the outskirts of The retail property is let to Subway Realty on a renewal lease Huddersfield town centre and in an area which is attractive for from 30 January 2016 for a term of 10 years at an annual rent th residential lettings, being within walking distance of the town of £10,000. The lease incorporates a rent review on the 5 centre and the university. anniversary of the term and an option for the tenant to break the lease on the 5 th anniversary of the term. The flats are let on Assured Shorthold Tenancies. LOCATION
The property is located along the A629 Wakefield Road, Rental Income: £18,940 per annum Aspley within 0.5 miles of Huddersfield town centre a short
distance from the University of Huddersfield campus and ASKING PRICE £270,000. Kingsgate Shopping Centre. Copies of tenancies are available from the agents office on request. The property benefits from good prominence from the main
road and is close to occupiers including Iceland Foods, ASDA, RATEABLE VALUE & UNIFORMED BUSINESS RATES LIDL and Premier Inn. This is a popular location for both 59 Wakefield Road – Rateable Value: £6,900 commercial and residential occupiers due to the accessibility 59a Wakefield Road – Council Tax Band A. of bus routes and being within walking distance of the town Tenure: Freehold centre.
VIEWING Contact the Agents.
Jonathan J Wilson BSc(Hons) MRICS
Jonathan Uttley [email protected]
VAT VAT may be charged on the property or rent and we therefore recommend that seriously interested parties seek the appropriate legal advice. EPC 61 Wakefield Road – C (74). 59A – D 59B - D
bramleys.com/commercial
2008 14 St Square for and for the or of this whose to ensure the in with the Act and to the best of our a and Huddersfield of the note: 1. is a or and the not be upon HD1 1JF and must take own if or other equipment. t: 01484 530361 2. of the gas, or tested in way which to be by the vendors. e: OR - ONLY IN DUSTRIAL RETAIL IN VESTMENT OFFICE LAND