Commercial Development|Leasehold.
St. Ives Estate, Keighley Road, Harden, Bingley, West Yorkshire BD16 1AT
20-21 Market Square, Shipley, BD18 3QJ
The property comprises a high yielding, multi-let, retail investment opportunity occupying a prominent pitch on a popular pedestrianised parade. Arranged as two retail units and upper parts, the property is fully let to two tenants producing a combined rent of £40,300 per annum. 20 Market Square is let to Marie Curie Cancer Care on a five year lease expiring 24.10.2028 and paying £20,000 per annum. 21 Market Square is let to Sequence (UK) Limited t/a William H Brown on a 10 year lease expiring 31.09.2026 and paying £20,300 per annum. We understand the tenant has engaged regarding a lease renewal and therefore we consider the property may benefit from asset management potential. The property occupies a prominent corner pitch fronting the pedestrianised Well Croft and Market Square, forming part of a popular parade. The area is characterised by national retailers including Iceland, Specsavers, Greggs and HSBC. High Yielding Retail Investment. Two Retail Units and Upper Parts. Fully Let to Two Tenants. Marie Curie - Five Year Lease Expiring 24.10.2028. Sequence (UK) - 10 Year Lease Expiring 31.09.2026. Sequence Have Expressed Willingness to Renew. Asset Management Potential. Prominent Corner Pitch. Investment Let at £40,300 p.a. (16.8% GIY on Guide Price) .
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Listed by Savills Auctions · Lot 315 · Checked 15 Oct, 09:02
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Commercial Development|Leasehold.
St. Ives Estate, Keighley Road, Harden, Bingley, West Yorkshire BD16 1AT