15 - 17 Crown Street Halifax West Yorkshire HX1 1TT

15 - 17 Crown Street
Halifax
West Yorkshire
HX1 1TT

Freehold Retail and Residential Investment

Retail let until 2023 (subject to option)
Includes 6 newly converted and highly specified self-contained residential flats
Town Centre location
Nearby occupiers include Holland & Barrett, McDonald’s, Wilkinson and HSBC
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
35
Auction
12th February 2015
Rent
£55,700 per Annum Exclusive
Status
Sold
Price
£465,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail and Residential Investment

Retail let until 2023 (subject to option)
Includes 6 newly converted and highly specified self-contained residential flats
Town Centre location
Nearby occupiers include Holland & Barrett, McDonald’s, Wilkinson and HSBC
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 35
Auction 12th February 2015
Rent £55,700 per Annum Exclusive
Status Sold
Price £465,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 18 miles west of Leeds; 30 miles east of Manchester
Roads: A58, A629, M62 (J24 5 miles)
Rail: Halifax Railway Station
Air: Leeds Bradford, Manchester International

Situation

The property is situated on the busy pedestrianised Crown Street which is approximately 300 metres from the Woolshops Shopping Centre and 600 metres from Halifax Railway Station in the heart of Halifax town centre. Nearby occupiers include Holland & Barrett, McDonald’s, Wilkinson and HSBC.

Tenure

Freehold.

Location

Miles: 18 miles west of Leeds; 30 miles east of Manchester
Roads: A58, A629, M62 (J24 5 miles)
Rail: Halifax Railway Station
Air: Leeds Bradford, Manchester International

Situation

Tenure

Freehold.

Description

The property comprises retail accommodation on ground and basement and 6 newly converted self-contained residential flats on the first, second and third floors. The flats comprise 3 x 1 bedroom flats and 3 x 2 bedroom flats and have been appointed to a very high specification. The flats are accessed via a light and airy passageway at the side of the property.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Basement Ground	Ancillary Retail	100.52 sq m 176.79 sq m	(1,083 sq ft) (1,903 sq ft)	COLLECT AT LIMITED with personal guarantee	10 years from 15/11/2013 until 2023 on a full repairing and insuring lease (1)	£21,500	15/11/2018
First, Second & Third	Residential	3 x 2 bedroom flats and 3 x 1 bedroom flats		INDIVIDUALS	Let on 6 separate Assured Shorthold Tenancy Agreements	£34,200 (2)
Total Commercial		277.31 sq m	(2,986 sq ft)			£55,700

(1) The lease provides for a tenant option to determine the lease on 15th November 2018 and is outside the Security of Tenure provision of the Landlord & Tenant Act 1954.
(2)Each flat is let on individual Assured Shorthold Tenancies and produce a total annualised rent of £34,200 p.a.x.