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43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR

Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
Photo of 43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR
For Sale

For Sale

£600,000
4840 Sq Ft | Ref: 104207

Retail, Office, Investment

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For further information and viewing arrangements please contact:

Property details

  • INCOME PRODUCING INVESTMENT OPPORTUNITY IN BRIGHOUSE TOWN CENTRE
  • CURRENTLY PRODUCING A COMBINED RENTAL INCOME OF £41,000 PA
  • TOTAL ERV ESTIMATED AT £70,000 PA
  • REVERSIONARY YIELD OF 11.66% (based on our opinion of ERV)

The investment briefly comprises a substantial stone built building along Bethel Street in the heart of Brighouse Town Centre, with mixed multi-tenanted retail to the ground and first floor levels. The four ground floor retail units are fully let and comprise of Kafe Rose, Overgate Charity Shop, Overgate Boutique & Turkish Delight. The first floor comprises 6 suites, one of which is occupied by Overgate Charity Shop and can be accessed from their ground floor retail unit. The others are currently let, with the exception of one. First floor occupiers include a hairdressers and beauticians. The investment currently produces a combined rental income of £41,000 per annum with opportunity for growth on the headline rentals. Total ERV is estimated at £70,000 pa reflecting a reversionary yield of 11.66% (based on our opinion of ERV). Mains services connected to the premises include electricity, gas, water and drainage. Please note these services have not been tried or tested and any interested parties are advised to satisfy themselves as to suitability and condition.

Location

The property occupies a prominent position along Bethel Street, close to the junction of Briggate & Market Street, in Brighouse Town Centre. Brighouse is a busy market town which has been awarded with £19.1million from the Government's Towns Fund to deliver a series of projects that will reshape and reinvigorate the town and support long term economic and productivity growth. Within this, just over £9million has been allocated to enhance the retail and leisure offering with pedestrianised areas aimed at increased footfall. Brighouse is ideally located for access to the M62 motorway network located within 1 mile and is surrounded by the larger Towns of Huddersfield and Halifax.

EPC

D (76)

VAT

The prices quoted are exclusive of VAT (if applicable)

Terms

The Freehold Interest of the property is available For Sale subject to the occupational leases.

Rates

The property has been assessed for Uniform Business Rates purposes with Rateable Values of:

43 - £8,100
45 - £7,100
49 - TBC
51 - £4,950
Rooms 1 & 2 - £2,800
Rooms 3 & 3A - £950
Room 4 - £1,000
Room 5 - £540
Rooms 6 & 6A - £3,650
Room 7 - £1,900

Viewing:

For further information or should you wish to arrange a viewing, please contact the sole selling agents:

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43-51 Bethel Street, Brighouse, West Yorkshire, HD6 1JR