For Sale By Auction | 14:00, 11 December 2019 | Lot 24

45 Crown Street, Halifax, West Yorkshire, HX1 1JB

*Guide | £125,000 + (plus fees)

  • Commercial Property
  • 3 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01484 411 069 for more information

Auction Date

Wed 11/12/2019

Auction Time

14:00

Auction Venue

Norman Hunter Banqueting Suite Elland Road Stadium, Leeds, LS11 0ES

A Mid Terraced Four Storey Town Centre Property Comprising Restaurant and 3 Apartments Producing £19,200pa/£1,600pcm

Occupying a prominent trading position within Halifax Town Centre this substantial fully let Grade II Listed property offers an excellent income for the investor looking to add variety to a portfolio. Whilst not inspected by Auction House West Yorkshire the vendor has provided the following information. The Ground Floor, Mezzanine and Basement is Let as a Licensed Restaurant and Takeaway producing £7,800pa/£650pcm and the upper three floors comprise 3 self contained studio apartments Let under the terms of an AST at £4,200pa/£350pcm each. The property offers an excellent return at this Guide Price. See legal pack for copies of tenancy agreements.

Tenure

See Legal Pack

Description & Tenancies

Not inspected by Auction House West Yorkshire however the vendor has provided the following Gross Internal Areas

Basement

Kitchen, Preparation & Storage comprising 670sq ft/62.2sqm

Ground Floor

Restaurant & Bar comprising 440sq ft/40.8sq m

Mezzanine Floor

Restaurant comprising 370sq ft/34.3sq m Let to E A Junghietoru Trading as Edward Cuisine for a term expiring on 1st April 2025 at a rental of £7,800pa/£650pcm.

First Floor

Studio Apartment comprising 460sq ft/42.7sqm Let under an AST at a rental of £4,200pa/£350pcm.

Second Floor

Studio Apartment comprising 460sq ft/42.7sqm Let under an AST at a rental of £4,200pa/£350pcm.

Third Floor

Studio Apartment comprising 460sq ft/42.7sqm Let under an AST at a rental of £4,200pa/£350pcm.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Calderdale Metropolitan Borough Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT, subject to a minimum of £1080 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.