2 Victoria St | Horbury WF4 6EH
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2 Victoria St
Horbury WF4 6EH
The Victoria · Retail Property For Sale
Investment Highlights
- The property is located on the corner of Victoria Street and Westfield Road in a predominantly residential area in the suburbs of Horbury.
- There is a smoking area to the rear, a small enclosed yard and 4 parking spaces on the other side of the road.
- Horbury is located on the A642 main road to the west of the M1 motorway approximately 4 miles south west of Wakefield town centre.
Executive Summary
The property has been operated under management for a number of years. It trades as a 100% wet based community pub with the added benefit of having letting bedrooms. The owner currently choses to offer 5 letting bedrooms and not provide managers accommodation to maximise income. Turnover for the current year is expected to be c.£180,000 net, with £45k from accommodation. With low overheads an
owner operator would be expected to achieve an Ebitda of £50-60,000 based on this level of trade.
owner operator would be expected to achieve an Ebitda of £50-60,000 based on this level of trade.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,498 SF
Building Class
B
Year Built
1951
Price
£245,000
Price Per SF
£70
Tenancy
Single
Number of Floors
3
Building FAR
1.73
Lot Size
0.05 AC
Parking
4 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
59 ft on Westfield Road
Amenities
- 24 Hour Access
- Storage Space
1 of 8
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