Back to properties

14-18 Market Street, Huddersfield HD1 2ET

14-18 Market Street, Huddersfield HD1 2ET

£800,000
Commercial
About this Property
2024-10-29
800000
Traditional
Commercial
Description

The property comprises a high yielding retail investment opportunity situated on a popular high footfall street. Arranged as two retail units across ground and first floors, the property part-let to Specsavers with Heads of Terms agreed for a letting of the vacant unit therefore providing a potential reversionary income of £145,000 per annum. 16-18 Market Street is let to Specsavers Optical Superstores Limited on a 10 year lease expiring 24/08/2026 and paying £80,000 per annum. 14 Market Street is currently in negotiations to be let to a chinese restaurant group with a number of restaurants in the area, for a new 15 year lease with no breaks producing £65,000 per annum. The property benefits from a large prominent frontage to Market Street, with a return frontage to Fox Street. The area benefits from high footfall being parallel to the pedestrianised New Street, and is characterised by a number of national retailers including TSB, Caffe Nero, and a large Sainsburys immediately adjacent to the property.

Location
More Information
Leasehold
Market Street
Commercial Property
Planing Authority
Kirklees LPA

Interested in this lot?

GO TO THIS LOT

More Listings from this Auctioneer

Other listings nearby