Retail premises for sale in Church Street, Dewsbury WF13

Location

Dewsbury is a market town in West Yorkshire, some 9 miles to the south of Leeds, 5 miles north east of Huddersfield, 6 miles west of Wakefield, 4 miles south west of J25 of the M62 motorway and 3 miles west of J40 of the M1. There are estimated to be 86,500 persons living within 10 minutes drive of the town.

Situation

The building stands at the junction of Church Street and South Street, less that fifty yards from the bus station to the west and directly opposite the Princess of Wales Shopping Centre to the east. Not only is this one of the busiest pedestrian thoroughfares in the town, it is also a busy vehicular intersection. The Princess of Wales Shopping Centre is the prime retail development in Dewsbury and is home to a number of national retailers.

Description

30 Church Street is a prime town centre detached building comprising two retail units at ground floor, the larger of which is available with vacant possession, together with a smaller unit which is let to CeX. The upper floors were last occupied commercially as a gym and are also available with vacant possession and would suit a variety of uses or conversion to residential, subject to any necessary consents.

Accommodation

Vacant unit - 4,101 sq.ft
CeX unit - 807 sq.ft.
Ff former gym premises - 4,386 sq.ft.

Sf - 2,055 sq.ft.

Tenancies

The element of the ground floor known as 30 South Street is let to CeX for 10 years from 4th February 2020, subject to a tenant only break and/or rent review at the end of the 5th year, at a rent of £15,500 pax on an effective full repairing and insuring basis. Full details of the lease are available upon request.

Whilst Heron Foods occupy the remainder of the ground floor, their occupancy is only temporary and vacant possession can be obtained as required.

The site

There is a car park to the west of the building with 11 parking spaces.

Terms

The freehold is available at a price of £550,000.

Rates

There are various rating assessments which we understand relate to the site and we have listed these below.

Vacant Retail Unit rv - £25,000
CeX Unit rv - £ 9,500
Upper Floors rv - £25,250
Car Park combined rv - £ 6,600

Interested parties are advised to make their own enquiries with the Local Rating Authority to verify the accuracy of the above.

Energy performance certificate

There are 3 Energy Performance Certificates for the building, all at Band E or above. Full details can be obtained upon request.

VAT

We understand the property is not presently elected for VAT, however the own reserves the right to charge VAT should they choose to do so. All figures quoted are net of VAT.