For Sale
£600,000
10815 Sq Ft | Ref: 104194
Industrial, Investment, Residential
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A substantial stone built property briefly comprising four mid terraced residential properties, 2x two-storey workshops along Thornton Terrace and a large ground floor warehouse on Wainhouse Road. The residential properties present well and are fully let to long standing tenants. 4&6 Thornton Terrace both benefit from having 3 bedrooms, kitchen, lounge, bathroom, basement and a rear yard area. 2a & 2b Thornton Terrace both comprise of kitchen, lounge, 2 bedrooms and a house bathroom. The residential properties generate a combined rental income of £18,600 per annum. Unit 2c/2d is let to Fern-Lea Glazing with a passing rent of £2,600 per annum and comprises a two storey workshop with solid concrete floor & w/c facilities to the ground floor, steel roller shutter over the personnel access door and a timber floor to the first floor. The tenant also has use of a store located at the ground floor between number 4 & 2c/d with an electric roller shutter. Unit 2 is situated on the corner of Thornton Terrace and benefits from having loading access with a steel roller shutter over, personnel door, ground floor warehouse, first floor office and w/c facilities. Andrew Works is a ground floor unit accessed from Wainhouse Road via double uPVC doors with roller shutter over and benefits from having a reception area, large warehouse, offices, relevant w/c and kitchen facilities. Andrew Works & Unit 2 are currently vacant but were occupied most recently by an electrical company. We consider there to be opportunity to increase the rental income of the property.
The property occupies a corner position along Wainhouse Road and Thornton Terrace in King Cross, Halifax. King Cross High Street is within approximately 300 yards & Halifax Town Centre approximately 1.5 miles distant. Other occupiers include a mix of commercial and residential.
Unit 2 - D (95)
2A - C (71)
2B - TBC
Unit 2C/D - not required
4 - D (58)
6 - D (67)
Andrew Works - D (99)
The prices quoted are exclusive of VAT (if applicable)
The Freehold Interest of the property is available subject to the existing tenancies.
Unit 2c/2d - £2,750
Andrew Works/Unit 2 - £7,800
All residential properties are Council Tax Band A.
For further information or should you wish to arrange a viewing, please contact the sole selling agents:
2-6 Thornton Terrace & Andrew Works, Wainhouse Road, Halifax, West Yorkshire, HX1 3RT