Carlton Chambers, King Cross Street, Halifax, Investment

Description

MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT
Generating Annual Income of £46,960
Initial Yield 9.89%
Substantial, attractive building providing 2 ground floor retail units & 4 two bedroom apartments above
Positioned on the edge of Halifax town centre
Apartments finished to a good standard with modern fixtures & fittings
All EPC Asset Ratings Band C

The property comprises a detached three storey stone built property with ashlar stone face positioned on the edge of Halifax town centre and is constructed under a pitched and hipped slate covered roof with a three storey extension to the rear. The property is fully occupied and provides 2 ground floor retail units occupied by a baby scanning clinic and Chinese massage therapists. The commercial element of the property generates £16,000 per annum. To the upper floors are 4 self-contained two bedroom apartments which are all tenanted under Assured Shorthold Tenancies and generate an income of £30,960 per annum. The apartments are finished to a good standard with modern fixtures & fittings, have PVCu double glazed windows and gas fired central heating system. The property presents an excellent opportunity to acquire a mixed commercial and residential investment which is fully tenanted and well located close to all amenities provided by the town centre.