Investment

Bridge Gate, Hebden Bridge, Hebden Bridge, HX7 8EX

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Asking Price: £525,000

investment for sale

Asking Price: £525,000

About the Property

The property comprises 3 retail units occupying the ground floor of this two storey stone built commercial property which occupies part of a parade of retail units within the centre of Hebden Bridge. Nearby retailers include Fat Face, Ladbrokes Bookmakers and Reeds Rains estate agents, in addition to a number of local independent retail traders and businesses.

Hebden Bridge is a popular town amongst local consumers in addition to being a tourist attraction generating high numbers of visitors on a daily basis. Being a primary town along the Calder Valley, Hebden Bridge is situated approximately 8 miles from Halifax town centre, having good rail links and good access to areas within Greater Manchester.

Being a tourist area which offers the attraction of walks within the nearby countryside, the town has a number of coffee shops and restaurants and benefits from historically good occupancy levels.

All 3 retail units are leased, currently generating a gross income of £44,000 which, over the term of the leases, is due to increase to £47,000 per annum. This presents an excellent opportunity to acquire retail premises in a popular trading position offering a potential yield of 8.95% based on the asking price.

Key Features

  • Excellent Investment Opportunity
  • Rental Income £44,000 rising to £47,000 within 2 years
  • Popular town centre retailing position generating good trade from local residents and tourist visitors
  • Positioned on the edge of the town's pedestrianised area
  • Nearby occupiers include Coffee Cali, Fat Face, Ladbrokes and a range of local independent retailers, coffee shops and restaurants
  • EPC Asset Ratings 12 - TBC; 14 - C (61); 16 - D (92).
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Investment

Bridge Gate, Hebden Bridge, Hebden Bridge

Asking Price: £525,000 Asking Price

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Bramleys

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  • Huddersfield 01484 530361
  • Halifax 01422 260000
  • Elland 01422 374811
  • Mirfield 01924 495334
  • Heckmondwike 01924 412644

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