Investment For Sale
32-34 King Street, Huddersfield

Description

• TOWN CENTRE COMMERCIAL INVESTMENT
• Generating £81,000 per annum
• Initial Yield 16.2%
• Ground floor retail unit occupied by Subway Realty, with the remainder of the property occupied as a bar
  ightclub
• Prominent position within the centre of Huddersfield opposite the Kingsgate Shopping Centre
• EPC Asset Rating - 32 King Street C Rating; 34 King Street D Rating.

The property comprises a two storey stone built commercial building which provides ground floor retail accommodation with upper floor nightclub. The property is leased to 2 separate tenants, with Subway Realty occupying the ground floor of 34 King Street, and Mavericks Nightclub occupying the ground floor of 32 King Street and all of the upper floors. The passing rent under the occupational leases amounts to £81,000 per annum, and the asking price therefore provides an initial yield of 16.2%.