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64 Beacon Rd

Just added

Shop for sale

£385,000 5,580 sq ft

Savoy Stewart
Contact name

Nick Sherling - Savoy Stewart

Full address
64 Beacon Rd, Bradford BD6 3EU – Bradford
Highlights
  • The property is situated in Wibsey a residential suburb 2.5 miles south west of Bradford city centre.
  • Prominent convenience store in local retail parade
  • The premises benefits from on street car parking to the front of the unit.
Property type

Shop for sale

Asking price
£385,000
Available space range
There is 1 space available. This measures 5,580 sq ft.
Brochure
Download the brochure

Sale details

Sale unit 4041724 Available

5,580 sq ft, £69.00 per sq ft

Unit Sale unit 4041724
Address 64 Beacon Rd, Bradford, West Yorkshire, BD6 3EU, GB
Size 5,580 sq ft
Price £385,000
Price per unit £69.00 per sq ft
Unit Sale unit 4041724
Address 64 Beacon Rd, Bradford, West Yorkshire, BD6 3EU, GB
Size 5,580 sq ft
Price £385,000
Price per unit £69.00 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 6.43%
Financial type Actual
Financial year 2018
Net operating income £24,756

Sale notes

  • We are instructed to seek offers in excess of £385,000 (three hundred and eighty five thousand pounds) subject to contract and exclusive of vat.
  • A purchase at this level would reflect a net initial yield 6.43%, with a reversionary yield of 7.1% in may 2025 assuming purchaser’s costs of 4.07%.
  • ›› prominent convenience store in local retail parade ›› large unused first floor ›› the whole property is let for 16.5 years with no breaks to the excellent covenant martin mccoll limited with a guarantee from mccoll’s retail group plc ›› fixed uplifts at 2% pa compounded throughout offering guaranteed rental growth ›› total current rents reserved £25,754 per annum rising to £28,434 per annum on 19th november 2025 ›› low passing rent of £7.17 per sq ft excluding the first floor.

Property description

The property is a two storey end of terrace brick building. The retail shop is arranged over the ground floor with ancillary and staff accommodation to the rear and in the basement. There is a large first floor with its own separate access that is currently unused by the tenant but has previously been sublet. The premises benefits from on street car parking to the front of the unit.

Number of storeys
3
Rentable building area
5,580 sq ft
Year built
1970

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Bradford.

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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 Savoy Stewart. 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 Savoy Stewart for full details and further information.