Images for Market Street, Thornton, Bradford

Investment For Sale
Market Street, Thornton, Bradford

Offers In Excess Of £200,000

Description

  • COMMERCIAL INVESTMENT OPPORTUNITY
  • Passing Rent £12,500 per annum
  • ERV £16,000 per annum
  • Commercial investment opportunity with longstanding tenant with 3 years unexpired on the lease
  • Popular village centre location
  • Attractive stone built property
  • Commercial EPC Rating C
  • Residential EPC Rating D

The premises comprise an attractive two storey stone built property which provides accommodation over 2 levels in the village centre of Thornton. The property is occupied as a restaurant, having a longstanding tenant who has been in occupation since 2007, with the lease having been in place since 2001. The property provides restaurant accommodation to the ground floor, with living accommodation and ancillary staff areas above. The property currently generates a rental income of £12,500 per annum, however has an estimated rental value of £16,000 per annum which, based on the asking price, equates to a yield of 8%.

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