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74/76 Commercial Street 3 Condos Offered at £475,000 in Brighouse

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INVESTMENT HIGHLIGHTS

  • Investment property situated within Brighouse Town Centre
  • Comprising of two ground floor retail units, a sub station and a first floor studio
  • Generating £40,701 per annum

EXECUTIVE SUMMARY

The investment generates a total of £40,701 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.

PROPERTY FACTS

Price £475,000
Price psf £149.42 / sq ft
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Property Size 3,179 sq ft
Tenure Freehold

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
72-76 Commercial St, 1st Floor - Unit 74a, Brighouse HD6 1AQ Office / Retail Unit 925 sq ft 1959 -
72-76 Commercial St, Ground - Unit 76, Brighouse HD6 1AQ Retail Unit 1,491 sq ft 1959 -
72-76 Commercial St, Ground - Unit 74, Brighouse HD6 1AQ Retail Unit 763 sq ft 1959 -
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  • Listing ID: 25863552

  • Date on Market: 06/06/2022

  • Last Updated:

  • Address: 74/76 Commercial Street, Brighouse, WYK

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