Basic Facts
Property ID:
3107
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Post Updated:
2019-12-09 10:41:20
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Status:
Sold
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Type:
Retail - other
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Gross Rent:
£ 35,000
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Lease Term:
25 years from Dec ' 1989
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VAT applicable:
Yes
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Property Description
- The property is arranged as a ground floor retail shop and three upper floors of ancillary accommodation and storage.
Location Description
- Halifax is one of West Yorkshires principal commercial centres with a population of approx 100,000. The town is served by the M62 motorway.
- The property is well located on the pedestrianised Crown Street, which is one of the towns principal retail throughfares.
- Close by occupiers include Dolland & Aitchison, Mcdonalds, Toni & Guy and Millets.
Additional Notes
- The upper floors have potential for residential conversion on reversion, whilst the ground floor is likely to be renewed
- The property is held on a 999 year lease from 01/07/1863 with a fixed ground rent of £72 p.a.
Features
Blue-chip tenant
Prime location
Reversionary Opportunity
Virtual Freehold