For Sale

COMMERCIAL PROPERTY INVESTMENT Total annual rental income £442,500 Fantastic annual rental yield of 11.06% Substantial multi occupancy investment across four separate sites Very well appointed throughout All commercial tenants REF 588920. EPC's Band B Four Properties £4 Million West Yorkshire

£4,000,000

ID:

588920

Listed:  15/02/2024
Tenure:  Freehold
Brighouse Investment Portfolio, Brighouse, Brighouse, Brighouse, West Yorkshire HD6

Details

COMMERCIAL PROPERTY INVESTMENT in West Yorkshire for Sale.

Outstanding opportunity to acquire this substantial portfolio of commercial investment properties located in West Yorkshire. All the properties have been superbly maintained and are exceptionally well presented with many long standing tenants including a merchant services business, film production company, chartered accountants, physiotherapists, restaurants and cafes to name but a few. HIGH YIELDING RENTAL RETURN OF £442,500 PER ANNUM.

Property One: Stunning waterfront development offering ground floor restaurant and bar with commercial kitchen, WCs and terrace seating area to the rear overlooking the waterfront. Ground floor self-contained hair and beauty salon and three ground floor offices to one side (two of these offices has been knocked through to create one larger office). To the opposite side of the building is the entrance to the stunning suite of offices at the first floor level providing six offices, WC and kitchen area. The property benefits from two good sized car parks and is situated opposite a large supermarket and within just a five minute walk from the train station which provides direct links to London, Leeds and Manchester. The office tenants here are held on short term licences with many being here for a number of years. The restaurant is held on lease. The annual rental income for Property One is £135,000.

Property Two: Ground floor licensed cafe bar with open plan seating areas incorporating large bar, dining area, refrigerated beer room, commercial kitchen, ladies, gents and disabled toilets. The premises have the benefit of two entrances, one from a major A road and the other from a towpath alongside the canal behind which attracts thousands of cyclists, walkers and runners. Eight ground floor offices. The first floor offers ten offices, communal board room, kitchen and WCs. To the second floor are a further three offices. The property is situated in the town centre and just a four minute walk from the main bus station and an eight minute walk from the train station. The office tenants here are held on short term licences with many being here for a number of years. The cafe bar is held on lease. The annual rental income for Property Two is £132,500.

Property Three: Outstanding single storey stone built property situated in a former mill complex offering a cafe and a series of smart, modern offices. The property is set within its own car park and briefly comprise self-contained cafe / sandwich bar to one end with the entrance to the offices further into the complex. The entrance leads to a communal entrance with seating area, WC and kitchen area off. Long internal corridor leading to three offices to the right and six offices to the left - one of the offices to the left hand side is leased by a chartered accountant and comprises reception, board room, two meeting rooms and large open plan office. The property benefit from its own large car park, public car park and beautiful views over the beck to the rear making it ever popular with tenants. All of the tenants here are held on short term licences with many being here for a number of years with the accountants held on a longer term lease. The annual rental income for Property Three is £127,500.

Property Four is home to a payment processing services provider who have been tenants for over 10 years. The premises are extremely well appointed throughout and briefly comprise ground floor reception / waiting area, large open plan office with two smaller offices and kitchen area off. To the left is a showroom, set up like a bar, with tables and chairs. To the rear are the male and female WCs and a fire exit. To the first floor is a landing area, open plan office with two smaller offices and store room off. Kitchen / staff break out area, board room / training room. The property occupies a prime site within the town centre, benefit from easy roadside parking and is

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Sold by Ernest Wilson

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