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Deal House, Huddersfield

under offer

Retail storefront under offer in Huddersfield

£4,850,000 / 15,719 sq ft

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Highlights

Features

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Deal House, 603-607 Wakefield Rd, Huddersfield HD5 9XP

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Asking price
£4,850,000
Marketing
PDF #1 Deal house
PDF #2 Huddersfield - deal house 8pp brochure new

Sale details

There is 1 space available, measuring 15,719 sq ft.

Space Size Tenure Price Use Available
Sale unit Sale unit Size 15,719 sq ft Tenure Freehold Price £4,850,000 - Under offer

Sale unit Under offer

Unit
Sale unit
Size
  • 15,719 sq ft
Price
£4,850,000
Price per sq ft
£308.54
  • Newly converted mixed use investment of 29 one and two bedroom maisonettes and 3 commercial units.
  • Additional income from Photovoltaic Solar Panels, Ground Source Heating Pumps, Borehole Water Supply and Telcoms Communication Mast.
  • Prominently situated in Hudders?eld, just10 minutes from the town centre and University of Hudders?eld.
  • - Unit 1 is under o?er to a Mexi Bean Express for a term of 10 years from 01/03/2022 at £16,500 pa on FRI terms - Unit 2 is let to Coral Racing Limited T/A Coral for a term of 10 years from 13/09/2016 at £18,000 pa - Unit 3 is let to D P Realty Ltd T/A Domino’s Pizza for a term of 15 years from10/09/2013 at £19,100 pa - All 29 maisonettes are let on AST’s at the market rents totalling circa £275,600 pa - Green energy installations and ancillary income producing circa £34,296 pa - Total income circa £363,496 pa - Price £4,850,000 for 100% of the shares in Euroconnect Properties Ltd - This would reflect a GIY of 7.5%.
Sale type Investment
Tenure Freehold

Property facts for Deal House, Huddersfield

The property comprises a brick built detached structure across four floors encompassing three seperate retail units.

The property is located fronting onto the main A629/A642 Wakefield Road so the south east of Huddersfield town centre within part of an established retail parade.

Building subtype
Retail storefront
Number of storeys
4
Total building area
33,320 sq ft
Rentable building area
15,719 sq ft
Lot size
0.55 acres
Construction material
Masonry
Year built
1900
Year renovated
2020
Parking
Surface: 42

Major tenants

Name Description Size Move in date Locations
Coral Description Other Services Size 2,500 sq ft Move in date 02/2019 Locations 1429 (International) International
Domino’s Pizza Description Pizza Size 1,372 sq ft Move in date 02/2019 Locations 832 (International) International

Map & nearby

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Deal House, Huddersfield

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This shop / retail storefront for sale is located in Huddersfield.

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Mark Brearley & Company Limited

Gerwyn Bryan Property Solutions

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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 Mark Brearley & Company Limited. 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 Mark Brearley & Company Limited for full details and further information. 9328277