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Investment

Crown Street, Halifax, HX1 1JB

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Price: £155,000

investment for sale

Price: £155,000

About the Property

The property comprises a substantial 4 storey inner terrace mixed use listed building situated in a secondary retailing position within Halifax town centre.

The basement, ground and mezzanine floors provide restaurant accommodation extending to approximately 137.5m (1,480ft). These premises are let for a term of 5 years from 18 January 2016 at an annual rent of £7,800 per annum.

The upper floors provide 3 separately occupiable bedsit units, each of which are let on assured shorthold tenancies at £350 per calendar month. The building thereby provides a gross rental income of £20,400 per anum, presenting a return of 13.16% based on the asking price.

Key Features

  • REDUCTION IN PRICE
  • Fully Let Mixed Use Investment Property
  • Restaurant premises with 3 tenanted bedsits above
  • Gross rental income £20,400 per annum, equating to a return of 13.16% on asking price
  • Restaurant let for 5 years from 18 January 2016
  • Grade 2 Listed
  • EPC Asset Ratings:
  • Restaurant C
  • Flats 1 & 2 F
  • Flat 3 G
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Investment

Crown Street, Halifax

Price: £155,000

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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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