11-13 Corn Market | Halifax HX1 1TH
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11-13 Corn Market
Halifax HX1 1TH
Retail Property For Sale
Executive Summary
The premises briefly comprises of three retail investments situated within the heart of the pedestrianised shopping area of Halifax with approved planning permission for three residential apartments on the upper floor levels.
The retail investments generate an average headline rent circa £32,500 per annum and comprise of a hairdressers on the ground floor on a 10 year lease expiring in 2031, a phone kiosk on a 5 year lease expiring in 2027, and a tattoo studio on the first floor on a 5 year lease expiring in 2025.
The upper floors have been stripped back ready for conversion with panning permission approved for two 2 bedroom apartments measuring over 1,100 sq ft each and one 1 bedroomed duplex apartment measuring over 650 sq ft. See planning reference 20/01432/FUL on the Calderdale Planning Portal for full information and floor plans.
The retail investments generate an average headline rent circa £32,500 per annum and comprise of a hairdressers on the ground floor on a 10 year lease expiring in 2031, a phone kiosk on a 5 year lease expiring in 2027, and a tattoo studio on the first floor on a 5 year lease expiring in 2025.
The upper floors have been stripped back ready for conversion with panning permission approved for two 2 bedroom apartments measuring over 1,100 sq ft each and one 1 bedroomed duplex apartment measuring over 650 sq ft. See planning reference 20/01432/FUL on the Calderdale Planning Portal for full information and floor plans.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
6,028 SF
Year Built
1870
Price
£400,000
Price Per SF
£66
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
2.67
Lot Size
0.05 AC
Frontage
1 of 8
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