Freehold Commercial Investment, Festival Building, Ashley Lane, Shipley, West Yorkshire BD17 7DQ
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Read more Read moreThis freehold commercial investment property generates an annual rental income of £13,860. The lease has a term of 125 years from 2007, with rent set at 14% of market rent and five yearly upward-only rent reviews, with the next review outstanding in 2022. The property consists of a two-storey office premises currently occupied via sub-leases. It is situated near the junction of Ashley Lane and Salts Mill Road, on the northern edge of Shipley Town Centre, providing good access to the A6038, A657, and A650 roads. Rail links are available from nearby Shipley and Saltaire Railway Stations. The property is subject to tenancy and is classified as a commercial investment.
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