Property Information
Address:
74/ 76 Commercial Street, Brighouse
, HD6 1AQ
Price: Sale Price: £475,000
Size: 3179 sq ft295 sqm
Primary Category: Investment
All Categories:
Investment, Shop,
Property Ref/Movehut: MH666690
Property Ref/Agent: 103459
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 9, 2024
Property description
The investment briefly comprises of three high street units plus a rear yard and sub station situated prominently on Commercial Street within Brighouse Town Centre.
The investment generates a total of £43,701 per annum and benefits from having leases in place with strong regional & local covenants to include D P Realty Ltd trading as Dominoes Pizzas on a 20 year lease expiring in December 2026, Simprint (Brighouse) Ltd on a 10 year lease expiring in February 2024, a sub station on a 60 year lease expiring in September 2023, and a private individual leasing the first floor yoga studio currently holding over on the agreement.
74 and 76 Commercial Street are Freehold with part of 74a being held on a Long Leasehold expiring in March 2183.
The Freehold and part Long Leasehold are being sold subject to the existing lease agreements.
Investment property situated within Brighouse Town Centre
Generating £40,701 per annum
Comprising of two ground floor retail units, a sub station and a first floor studio
3,179 Sq Ft (295.33 Sq M)
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