Images for 17 Carr Lane, Slaithwaite, Huddersfield

Investment Sold Subject to Contract
17 Carr Lane, Slaithwaite, Huddersfield

  • 1326sqft

Asking Price £285,000

Description

  • MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT OPPORTUNITY
  • Rental Income £21,480 per annum (7.53% Yield)
  • Ground floor retail premises with 2 residential units above.
  • Positioned within a popular village centre.
  • Excellent opportunity to acquire mixed commercial and residential investment property which is currently fully let providing an initial yield of 7.53%
  • EPC Asset Ratings - Commercial D; Residential E.

The property comprises a three storey stone built inner terrace which provides a ground floor retail unit and 2 independently occupied residential units above. The property is fully occupied and is held as an income producing investment in a popular village location. The passing rent is £21,480 per annum, with a prospect of some rental growth across the property. The residential units are occupied under assured shorthold tenancies and generate £11,880 per annum. The ground floor retail unit provides good quality retail accommodation in an area which has good demand for this type of property. The availability of the property provides an excellent opportunity to acquire freehold mixed commercial and residential investment premises in a popular area providing a good initial return with a prospect of some rental growth.

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