74/76 Commercial Street 3 Condos Offered at £475,000 in Brighouse
INVESTMENT HIGHLIGHTS
- Investment property situated within Brighouse Town Centre
- Comprising of two ground floor retail units, a sub station and a first floor studio
- Generating £40,701 per annum
EXECUTIVE SUMMARY
The investment generates a total of £40,701 per annum and benefits from having leases in place with strong regional & local covenants to include D P Realty Ltd trading as Dominoes Pizzas on a 20 year lease expiring in December 2026, Simprint (Brighouse) Ltd on a 10 year lease expiring in February 2024, a sub station on a 60 year lease expiring in September 2023, and a private individual leasing the first floor yoga studio currently holding over on the agreement.
74 and 76 Commercial Street are Freehold with part of 74a being held on a Long Leasehold expiring in March 2183.
The Freehold and part Long Leasehold are being sold subject to the existing lease agreements.
74 and 76 Commercial Street are Freehold with part of 74a being held on a Long Leasehold expiring in March 2183.
The Freehold and part Long Leasehold are being sold subject to the existing lease agreements.
PROPERTY FACTS
| Price | £475,000 |
| Price / SF | £149.42 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,179 SF |
| Tenure | Freehold |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 72-76 Commercial St, 1st Floor - Unit 74a, Brighouse HD6 1AQ | Office/Retail Unit | 925 SF | 1959 | - |
| 72-76 Commercial St, Ground - Unit 74, Brighouse HD6 1AQ | Retail Unit | 763 SF | 1959 | - |
| 72-76 Commercial St, Ground - Unit 76, Brighouse HD6 1AQ | Retail Unit | 1,491 SF | 1959 | - |
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