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%.