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Premier Inn, Halifax

Commercial property for sale

£10,160,000 50,000 sq ft

Carrick Real Estate
Highlights
  • The asset benefits from the full Whitbread Group PLC covenant
  • Let to Whitbread Group PLC, trading as Premier Inn and Beefeater, on two separate 25 year FRI leases
  • Situated at the entrance to the Broad Street Plaza development in the heart of Halifax town centre
Property type

Commercial property for sale

Full address
Grange St, Halifax HX1 1YA – Halifax
Asking price
£10,160,000
Available space range
There is 1 space available. This measures 50,000 sq ft.
Features
24 hour access
Brochure
Download the brochure
Contact name

Steve Carrick - Carrick Real Estate

Sale details

Sale unit 3778747 Available

50,000 sq ft, £203.20 per sq ft

Unit Sale unit 3778747
Address Grange St, Halifax, West Yorkshire, HX1 1YA, GB
Size 50,000 sq ft
Price £10,160,000
Price per unit £203.20 per sq ft
  • Let to whitbread group plc, trading as premier inn and beefeater, on two separate 25 year fri leases (20/15 year break) at a rent of £542,128 per annum.
  • Both leases are subject to 5 yearly rent increases (next rr 2022) to rpi capped at 5% per annum compound.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for Premier Inn, Halifax

Halifax is the main commercial and retail centre in the Borough of Calderdale within West Yorkshire and the Leeds City District. The town is located approximately 25 miles north east of Manchester and 20 miles south west of Leeds. Halifax benefits from excellent road connections being situated only 4 miles to the North of junction 24 of the M62 motorway, which links Leeds with Manchester and provides good access to the national motorway network. The town is located at the junction of the A629 Keighley to Huddersfield Road and the A58 Leeds to Bury Road. Halifax benefits from excellent rail services, which provide a journey time of around 35 minutes to Leeds and 50 minutes to Manchester. Connections via Leeds provides a journey time to London Kings Cross of just over 3 hours. Leeds Bradford International Airport is located approximately 16 miles to the North East of Halifax and provides flights to domestic, European and international destinations.

Building subtype
Hotel
Number of storeys
6
Rentable building area
50,000 sq ft
Year built
2012

Attachments

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This commercial property for sale is located in Halifax.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Carrick Real Estate. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Carrick Real Estate for full details and further information.