61-63 & 65-67 New Street, Albert Yard Huddersfield West Yorkshire HD1 2BQ

  • 61-63 & 65-67 New Street, Albert Yard<br>Huddersfield<br>West Yorkshire<br>HD1 2BQ

61-63 & 65-67 New Street, Albert Yard
Huddersfield
West Yorkshire
HD1 2BQ

Virtual Freehold Pedestrianised Retail Investment and Vacant Retail

  • Pedestrianised town centre location
  • Part let on a 10 year lease from 2019 (1)
  • Two vacant shops and upper parts
  • Over 20,000 sq ft
  • Occupiers nearby include Costa, Oxfam, Peacocks, Savers, Poundland and Primark
  • Lot
    51
  • Auction
    24th October 2019
  • Rent
    £55,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • On Behalf of a Major Fund Manager
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Virtual Freehold Pedestrianised Retail Investment and Vacant Retail

  • Pedestrianised town centre location
  • Part let on a 10 year lease from 2019 (1)
  • Two vacant shops and upper parts
  • Over 20,000 sq ft
  • Occupiers nearby include Costa, Oxfam, Peacocks, Savers, Poundland and Primark
  • Lot 51
  • Auction 24th October 2019
  • Rent £55,000 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
15 miles south-west of Leeds
25 miles north-east of Manchester
26 miles north of Sheffield
Roads
A62, A629, A640, M62 (Junctions 23/24)
Rail
Huddersfield Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of Huddersfield town centre, on the pedestrianised New Street at its junction with Albert Yard and near to High Street. The property is located close to the Piazza Shopping Centre, Huddersfield Library and Huddersfield Concert Hall. Nearby occupiers include Costa, Oxfam, Peacocks, Savers, Poundland, Primark, Yorkshire Bank and Ladbrokes.

Tenure

Virtual Freehold. Held for a term of years expiring 30/04/3913 at a rent of £60 per annum.

Location
Miles
15 miles south-west of Leeds
25 miles north-east of Manchester
26 miles north of Sheffield
Roads
A62, A629, A640, M62 (Junctions 23/24)
Rail
Huddersfield Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of Huddersfield town centre, on the pedestrianised New Street at its junction with Albert Yard and near to High Street. The property is located close to the Piazza Shopping Centre, Huddersfield Library and Huddersfield Concert Hall. Nearby occupiers include Costa, Oxfam, Peacocks, Savers, Poundland, Primark, Yorkshire Bank and Ladbrokes.

Tenure

Virtual Freehold. Held for a term of years expiring 30/04/3913 at a rent of £60 per annum.

Description

The property comprises two double fronted shops arranged over basement, ground, first and second floors together with a ground floor unit fronting Albert Yard.

VAT

VAT is applicable to this lot.

Planning

The property may benefit from conversion to residential use, subject to the current occupation and the necessary consents/permissions. Interested parties are referred to Kirklees Council. www.kirklees.gov.uk

EPC

See legal pack at acuitus.co.uk

Description

The property comprises two double fronted shops arranged over basement, ground, first and second floors together with a ground floor unit fronting Albert Yard.

VAT

VAT is applicable to this lot.

Planning

The property may benefit from conversion to residential use, subject to the current occupation and the necessary consents/permissions. Interested parties are referred to Kirklees Council. www.kirklees.gov.uk

EPC

See legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
61/63 New Street
Ground
Basement
First
Second
 

198 sq m
33 sq m
158 sq m
75 sq m

(2,131 sq ft)
(355 sq ft)
(1,700 sq ft)
(808 sq ft)
VACANT      
65/67 New Street
Ground
Basement

Retail
Ancillary

400 sq m
338 sq m

(4,305 sq ft)
(3,638 sq ft)
ZCO LIMITED
t/a Roti Bar &
Post Office
10 years
from
20/03/2019 (1)
£55,000 20/03/2024
First
Second
Ancillary
Ancillary
371 sq m
192 sq m
(3,994 sq ft)
(2,067 sq ft)
VACANT
VACANT
     
Albert Yard
Ground
Retail
100 sq m
(1,076 sq ft)
VACANT      
Total
1,865 sq m
(20,075 sq ft)
    £55,000  

(1) Tenant's option to determine 19/03/2024 upon 12 months' notice.

Contacts

Seller's Solicitors
CMS Cameron McKenna Nabarro Olswang LLP 1 South Quay, Victoria Quays
Sheffield
S2 5SY
Carol Davies 0114 279 4003Carol.Davies@cms-cmno.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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