Freehold Retail and Residential Investment Producing £25,550 Per Annum
Freehold Retail and Residential Investment Producing £25,550 Per Annum. Situated within the centre of the main retailing area of Linthwaite village and occupying a prominent main road position on the main Huddersfield to Oldham Road (A62) this will be the perfect addition to an investment portfolio. Formerly a Co-operative Convenience Store, with substantial accommodation over three floors, the property has been subdivided creating a Fish and Chip Takeaway to the Ground Floor and Basement with the First Floor converted into two self contained apartments. We understand that the vendor has consented to the sub-letting of the basement. To the rear is a yard which provides car parking. The entire property is fully let producing £25,550pa. See legal pack for copy leases.
See legal pack
Description & Tenancies
Ground Floor & Basement
Comprising Extensive Retail Areas, Staff & Customer WC’s and Lower ground floor loading and storage areas. Currently Let to two individuals at a rental of £15,000pa.
Apartment One comprising, Hall, Lounge, Kitchen, 3 Bedrooms & Bathroom Let under the terms of an AST at a rental of £6,000pa. Apartment Two comprising, Hall, Lounge, Kitchen, Bedroom & Bathroom Let under the terms of an AST at a rental of £4,550pa
There is a yard to the rear which allows access to the lower ground floor and provides space for staff parking.
Energy Efficiency Rating (EPC)
Current Rating TBC
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% 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.