Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- MULTI LET COMMERCIAL INVESTMENT
LOCATION
The property is located on A644 Huddersfield Road in the centre of Mirfield which is a busy town centre with a number of established local occupiers and national retailers. There is a high concentration of residential properties in the immediate vicinity and surrounding villages which Mirfield serves.
PROPERTY DESCRIPTION
192 Huddersfield Road is a detached L shaped brick and stone-built property which has two retail units on the ground floor with three offices to the first floor and a further self-contained office/studio. The offices are accessed by an external staircase and look over Huddersfield Road. Two out of the three offices are currently let with the third recently coming vacant and is currently being marketed. Ravello Café and Delicatessen occupy a double fronted ground floor retail unit. The café is well established and presents extremely well. It comprises shop/counter area, open kitchens and large seating area with customer w.c’s. There is external access to the rear, and it benefits from 2 car parking spaces at the side of the property. M & R Hardware is a single ground floor retail unit formerly L D Smith Ironmongers which has been trading in the building since it was built approximately a 100 years ago. With open plan retail space and WC there is also external access to the rear and 4 car parking spaces. The first-floor offices are currently let on yearly licences as detailed below within the Tenancy description. Office 1 offers two good sized rooms; offices 2 & 3 are single rooms. The offices are separately metered and fully carpeted. There is shared kitchenette and toilet which serves the offices. The studio has a separate external staircase and is currently used as a photography studio. The suite comprises of a reception area, office, two studios and WC.
VAT
The property is not elected for VAT.
EPC
A full copy of the Energy Performance Certificates are available upon request.
PROPOSAL
The purchase price is offers around £680,000 (six hundred and eighty thousand pounds) which shows a net initial yield of 7.4% following the deduction of the usual purchasers costs.
VIEWINGS
For viewings and further information please contact Gina Powell or Rebecca Blyth l on[use Contact Agent Button] or [use Contact Agent Button]; [use Contact Agent Button]
Places of interest
Simon Blyth Estate Agents - Holmfirth Commercial
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Broadband availability and predicted speed
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Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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