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The Victoria 2 Victoria St 3,498 sq ft Retail Property Horbury WF4 6EH £235,000 (£67.18/sq ft)
INVESTMENT HIGHLIGHTS
- Horbury is located on the A642 main road to the west of the M1 motorway.
- There is a smoking area to the rear, a small enclosed yard and 4 parking spaces on the other side of the road.
- The centre of town is approximately half a mile to the south east.
EXECUTIVE SUMMARY
The property has been operated under management for a number of years. It trades as a 100% wet based community pub with the added benefit of having letting bedrooms. The owner currently choses to offer 5 letting bedrooms and not provide managers accommodation to maximise income. Turnover for the current year is expected to be c.£180,000 net, with £45k from accommodation. With low overheads an owner operator would be expected to achieve an Ebitda of £50-60,000 based on this level of trade.
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
3,498 sq ft
Costar Property Class
B
Year Built
1951
Price
£235,000
Price per sq ft
£67.18
Tenancy
Single
Number of Floors
3
Plot ratio
1.73
Total Plot Size
0.05 ac
Parking
4 Spaces (1.14 Spaces per 1,000 sq ft Leased)
Frontage
59 ft on Westfield Road
AMENITIES
- 24 Hour Access
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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The Victoria | 2 Victoria St
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