Two Ground Floor retail units with two self contained office suites on upper floors
Located within Brighouse Town Centre
Residential development potential (subject to consents)
Nearby occupiers include Betfred, Barclays Bank, Wilko and HSBC
Lot 42
Auction 28th March 2018
Rent £35,250 per Annum Exclusive
Status Sold
Price £294,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
7 miles south of Bradford,16 miles south-west of
Leeds, 33 miles north-west of Sheffield
Roads
A644, A641, M62 (Junctions 25)
Rail
Brighouse Rail
Air
Leeds Bradford Airport
Situation
Brighouse is a popular town in West Yorkshire located 16 miles south-west of Leeds. The property is situated in Brighouse town centre fronting the busy Bethel Street and West Park Street. Nearby occupiers include Betfred, Barclays Bank, Wilko and HSBC.
Tenure
Freehold.
Location
Miles
7 miles south of Bradford,16 miles south-west of
Leeds, 33 miles north-west of Sheffield
Roads
A644, A641, M62 (Junctions 25)
Rail
Brighouse Rail
Air
Leeds Bradford Airport
Situation
Brighouse is a popular town in West Yorkshire located 16 miles south-west of Leeds. The property is situated in Brighouse town centre fronting the busy Bethel Street and West Park Street. Nearby occupiers include Betfred, Barclays Bank, Wilko and HSBC.
Tenure
Freehold.
Description
The property comprises two ground floor retail units, one fronting Bethel Street and one fronting West Park Street. The unit fronting West Park Street benefits from being a double fronted unit. Each unit has self contained office accommodation on first and second floors accessed via a dedicated entrance.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor retail units, one fronting Bethel Street and one fronting West Park Street. The unit fronting West Park Street benefits from being a double fronted unit. Each unit has self contained office accommodation on first and second floors accessed via a dedicated entrance.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
18-20 West Park St
Ground
Retail
39.48 sq m
(425 sq ft)
RETAIL SHOP LIMITED (1) t/a Dermace (2)
5 years from 30/05/2017 (3)
£7,000
(29/05/2022)
20 West Park St
First/Second
Office
158.67 sq m
(1,708 sq ft)
INDIVIDUAL
3 years from 11/05/2015
£11,500
(10/05/2018)
20 Bethal St
Ground
Retail
63.17 sq m
(680 sq ft)
INDIVIDUAL t/a The Clinik (4)
6 years from 15/05/2015
£7,500
15/05/2018 (14/05/2021)
20 Bethal St
First/Second
Office
156.44 sq m
(1,684 sq ft)
INDIVIDUAL t/a The Works (5)
5 years from 14/05/2015
£9,250
(13/05/2020)
Total
417.76 sq m
(4,497 sq ft)
£35,250
(1) The property has been sublet. (2) Dermace Academy run industry-leading training courses in semi permanent makeup and Medical Micropigmentation (Source: www.dermace.co.uk 01/03/2018). (3) The lease provides an option to determine on 30/11/2018 subject to 3 months written notice. (4) The Clinik provide a wide range of Cosmetic and Aesthetic treatments (Source: www.theclinik.co.uk 01/03/2018). (5) The Works Beauty Clinic is situated in the heart of Brighouse, West Yorkshire, and offers the largest range of beauty, Holistic and Aesthetic treatments in the area (Source: www.theworks-brighouse.co.uk 01/03/2018).
