Retail premises for sale in High Street, Keighley BD20
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Property features
- Freehold Investment Property £395,000
- Each flat rents at £500 per calendar month and is fully occupied.
- Downstairs commercial beauty salon has just signed a new 4-year lease, £500 p/m
- Generating £30,000 per annum giving a yield of 7.59%.
- The property is set over 5 floors.
- Large basement level, could be developed and used as storage.
- Parking to the rear of the property
- Large undeveloped attic space.
- This is an ideal 'lifestyle property' and an excellent investment opportunity
Property description
This is one of the finest opportunities of its kind to acquire a freehold property comprising a large ground floor commercial unit and 4 1–2 bedroom flats generating excellent rental income.
Situated in the village of Steeton, along the bustling high street. The village benefits greatly from a regular local train service to Leeds, Bradford, Skipton and Keighley as well as having good road links to many major routes.
Owned by our clients for approximately 9 years and during this time have maintained the property to their high exacting standards.
This is an ideal ‘lifestyle property’ and an excellent investment opportunity to buy an ongoing mixed-use commercial/residential letting property with the flats being fully occupied, paying approx. £500 per calendar month.
Downstairs commercial beauty salon has just signed a new 4-year lease, £500 per calendar month.
Generating £30,000 per annum giving a yield of 7.59%.
We trust that a dedicated owner proprietor could take this on themselves, exploit the property’s potential and derive maximum profits with scope to develop the large basement area as well as the roof space.
Request full details today. Early inspection strongly recommended to avoid disappointment.
Freehold Property £395,000
West Yorkshire
Reference. W10491
For more information about this property, please contact
Alan J Picken, LS29 on +44 1943 613965 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alan J Picken, and do not constitute property particulars. Please contact Alan J Picken for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.