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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
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.