Sure to appeal to investors operating the length and breadth of the country, this two storey retail unit is currently let to an independent local business and is generating an income of £10,000 per annum. Based on the quoted guide price that equates to a return of more than 13%. The current ten year lease commenced in 2017 with a rent review and tenant break option available in 2022. The property is located in central Horbury, a popular town on the outskirts of Wakefield and shares the parade with a number of other local and national operators. Please note: VAT is payable on the purchase price.

Tenure

Freehold

Basement

Storage

Ground Floor

Sales area, fitting room and store room

First Floor

Office / kitchen, showroom and WC

Charges and Payments

In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £900 inc VAT.

Local Authority

Wakefield Metropolitan District Council

Additional Fees

Administration Charge - See above

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