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11-23 Cavendish St

12,617 SF Retail Building Keighley BD21 3RB £625,000 (£50/SF) 9.19% Net Initial Yield

Storefront Properties West Yorkshire Keighley 11-23 Cavendish St, Keighley, BD21 3RB

INVESTMENT HIGHLIGHTS

  • Situated on Cavendish Street, one of the main retail streets in the centre of Keighley
  • Nearby occupiers include B &M, Sainsburys, Sue Ryder, Evans Halshaw as well as many local retail occupiers.
  • ERV If upper floors were converted over £115,000pa
  • Planning permission for conversion of the upper floors to either 9 or 12 flats
  • Fixed rental uplift on Retail Portion

EXECUTIVE SUMMARY

For Sale - Town centre mixed use investment.
Total Current Rental Income - £57,446 per annum

ATTACHMENTS

Keighley, Cavendish Street v3
Proposed residential development plan

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Unit Conversion
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
12,617 SF
Building Class
B
Year Built
1900
Price
£625,000
Price Per SF
£50
Net Initial Yield
9.19%
NOI
£57,446
Tenancy
Single
Number of Floors
5
Building FAR
2.07
Lot Size
0.14 AC
Frontage
82 ft on Cavendish Street

LINKS

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NEARBY MAJOR RETAILERS

Sainsbury's
ASDA
Starbucks
National Westminster Bank Plc
Barclays
Farmfoods
Fultons Foods
Costa Coffee
Santander
Iceland
+44 1535 288224

CONTACT

  • Listing ID: 31126124

  • Date on Market: 05/03/2024

  • Last Updated:

  • Address: 11-23 Cavendish St, Keighley BD21 3RB

The Retail Property at 11-23 Cavendish St, Keighley, BD21 3RB is currently available for sale. Contact Dacres Commercial for more information.

NEARBY LISTINGS

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11-23 Cavendish St
+44 1535 288224 x

11-23 Cavendish St

Hedley Steel

+44 1535 288224

+44 1535 288224

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