● Prominent Main Road mixed use property
● Fully Let Ground Floor Commercial
● 2 First Floor Apartments let on AST agreements
● Ground Rent Income
● Total combined annual Income £32,600
Location
The property is in a prominent position on Ripponden Road.
Terms
£385,000
Specification
The ground floor retail unit is let to Sunrises Holdings Limited T/A Bargain Booze with a Post Office counter. 10-year lease from 2nd August 2021 at an annual rent of £20,400. The next rent review is 1st August 2026. According to the VOA website the ground floor retail and stock is 1,182 sq.ft.
At first floor there are two stock rooms included in the ground floor demise. Also at 1st floor are 2 self-contained flats accessed via a dedicated entrance from the rear of the property.
281a - Briefly comprises: lounge, kitchen, bedroom and shower room.
281b -Briefly comprises: lounge with kitchen area, 2 bedrooms and a shower room.
Both have double glazed windows and gas fired central heating and are let on standard AST agreements producing a combined income of: £12,000 /annually. (281a - £XXXcm & 281b £XXXcm).
The property is registered under the following titles: Leasehold – GM236354 Freehold – GM236353 The owner is entitled to collect the following ground rents per annum: 289 Ripponden Road - £6.60 291 Ripponden Road - £25 8 Broadbent Road - £25 10 Broadbent Road - £10 16 Broadbent Road - £25 283 Ripponden Road - £10 285 Ripponden Road - £25 287 Ripponden Road - £25