38 Bull Green 4,000 sq ft 100% Let Retail Property Halifax HX1 5AB £180,000 (£45/sq ft) 10.50% Net Initial Yield

EXCELLENT INVESTMENT OPPORTUNITY TO ACQUIRE A SUBSTANTIAL FREEHOLD PROPERTY***PROMINENTLY POSITIONED ON A CORNER PLOT AT 38 BULL GREEN, HALIFAX***ATTRACTIVE MIXED-USE BUILDING OFFERING STRONG INCOME POTENTIAL AND LONG-TERM GROWTH***10.5% yield based on guide price
The property includes a shop and two separate flats.
***THERE IS NO VAT DUE ON THIS INVESTEMENT***
NOTE - FOR FLAT 1, ONLY THE FREEHOLD IS BEING SOLD WITH THIS LOT, HOWEVER IT IS OWNED ON A LONG LEASEHOLD PAYING £1250 P.A.
FLAT 2 - The 3 bedroom flat offers a well-proportioned living space, making it attractive to tenants and ensuring consistent rental demand in this central location. Flat 2 is being sold as an investment freehold. It is currently rented for £8400p.a
The property features a bright and welcoming living area, complemented by a well-proportioned kitchen with ample storage and workspace. The layout is perfectly suited to modern family living, combining comfort with practicality.
Situated in a highly accessible location, the property benefits from excellent transport links, nearby shops, schools, and local amenities, all within easy reach. Halifax town centre is just a short distance away, offering a wide range of retail, dining, and leisure options.
Situated within close proximity to Halifax town centre, the property benefits from excellent transport links, local amenities, and a thriving commercial environment. The combination of retail and residential income streams makes this an ideal purchase for investors seeking a diversified and resilient asset.
This is a rare opportunity to secure a fully let mixed-use freehold in a prime and established location, with potential for rental growth and future value enhancement.
*SHOP*
An exciting opportunity to acquire a well-established ethnic food shop situated in a prominent corner position at 38 Bull Green, Halifax, West Yorkshire. Benefiting from excellent visibility and consistent passing trade, this business is ideally located close to the town centre within a busy and diverse community.
The shop is well-presented and fully fitted, offering a wide range of world foods, groceries, and specialty ingredients catering to a loyal and growing customer base. The corner frontage provides large display windows, allowing for attractive product displays and strong street presence.
Internally, the premises are well laid out to maximise retail space, with ample shelving, storage areas, and a functional service counter. The business has built a solid local reputation and enjoys repeat custom, making it an ideal venture for an owner-operator or an investor looking to expand their portfolio.
The surrounding area benefits from high footfall, nearby residential properties, and good transport links, further supporting steady trade throughout the week.
The corner shop is rented for £9,000pa and the lease runs until 2029.
The lease was £8250pa year 1 and £9000pa in year 2. Year 3 will be £9,500.
The deposit held from December 2023 is £2000
There is a rent review on 01/05/26
The shop pays an additional 3% of the rent as a management fee to the owner
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 13, Heath Mount, Free School Lane. Halifax - Terraced - 5 bedroom - SOLD OCT'25 - £335,000
- 4, Haugh Shaw Road, Savile Park, Halifax - Terraced - 6 bedroom - SOLD NOV'25 - £210,000
- 12, Moorlands View, Halifax, HX1 2XQ, Terraced - 3 bedroom - SOLD DEC'25 - £210,000