Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed-use investment opportunity with evident asset management and development potential.
Arranged across ground, first and second floors, the property provides a retail unit to the ground floor with offices to the upper parts.
The ground floor is currently let on a new 10 year lease to a private individual expiring 21.08.2034 abnd paying £10,000 per annum.
The upper parts comprise separately accessed, self-contained, office accommodation and are currently vacant.
We consider the property offers asset management potential via letting of the vacant space, with an opportunity to improve both rents and income diversity. We consider there may also be potential to convert the upper parts to alternative uses, including residential (subject to obtaining the requisite consents).
The property occupies a prominent pitch and forms parts of a popular local parade fronting North Street, a busy arterial route benefitting from high footfall. The property is immediately to the north of the Town Centre and the area is characterised by a mix of local and national retailers as well as some residential and office accommodation. Nearby occupiers include JD Wetherspoons, a Post Office, CEX, and Keighley Library
Tenure
Freehold
Accommodation
Ground floor
First Floor
Tenancy
Ground floor
First Floor
Rent
Notes
Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must reply upon their own enquiries prior to bidding. Please refer to the legal pack.