Investment

Wakefield Road, HD5 9XP

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Price: £475,000

investment for sale

Price: £475,000

About the Property

The premises comprise a detached stone built property constructed under a pitched stone slate covered roof providing public house accommodation to the ground floor extending to 2,135 sqft.
The property has been extended to the north, having a single storey café which extends to 498 sqft.
The remainder of the ground floor provides a single one bedroom flat, with the first floor having been converted into 3 further one bedroom flats.
The public house accommodation has been finished to a modern standard, having exposed stone and brick walls, stone flagged flooring and modern bar fittings.
The café is currently vacant. All 4 flats are tenanted on Assured Shorthold Tenancies generating £500 pcm each (£24,000 per annum).
The property presents an excellent opportunity for owner occupiers, investors or developers to acquire this mixed use investment/conversion opportunity which generates good ongoing income and presents the opportunity to tenant the ground floor former public house in addition to the prospect of conversion into commercial or residential units.

Key Features

  • MIXED USE INVESTMENT/DEVELOPMENT OPPORTUNITY
  • Vacant public house premises extending to 2,135 sqft
  • Plus vacant café extending to 498 sqft and 4 flats generating £24,000 per annum (ERV for the vacant public house £25,000 per annum)
  • Total ERV £56,000 per annum.
  • Prominent main road location.
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Investment

Wakefield Road

Price: £475,000 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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