Lot
051
Auction: November 2023 Online Auction 08/11/2023 - Bidding opens Tuesday 7th November 10:00 AM

15 Broad Street And 35 Northgate, Halifax, West Yorkshire, HX1 1UG

Property Details
Location
Auction Details
Description
A commercial, town-centre investment opportunity generating £30,000 of annual rental income. The lot comprises 15 Broad Street, a ground floor restaurant with extensive corner frontage, as well as the basement level of 35 Northgate, with each unit let separately.
Location
The property is prominently located at the junction of Broad Street and Northgate on the Northern periphery of Halifax town centre. The property is excellently located with the Broad Street Plaza retail complex located directly opposite to the North comprising a 100-bed Premier Inn hotel, Pure Gym, J D Wetherspoon, Nandos and VUE Cinema. Further footfall is brought via the nearby Trinity Sixth Form Academy and 50,0000 sq ft office and retail development on Northgate.
Accommodation

AddressFloor Area
15 Broad Street488 sq m (5,249 sq ft)
35 Northgate (basement)332 sq m (3,579 sq ft)
Total820 sq m (8,828 sq ft)
Pugh & Co has not inspected the premises personally and has been advised on the above, approximate floor areas. Buyers must satisfy themselves in this regard. 
Tenancy

AddressUseTenantRentLease Expiry
15 Broad StreetRestaurantLos Pampas Group Ltd£20,000
October 2033
35 NorthgateStorageOakapple Commercial Ltd£10,000October 2024
Total

£30,000

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 7TH NOVEMBER AND CLOSES ON WEDNESDAY 8TH NOVEMBER.

3. Energy Performance Certificates:
15 Broad Street = C
35 Northgate = D

4. 15 Broad Street has been assessed for Uniform Business Rates purposes with a Rateable Value of £41,500.

Our Nearest Office

Leeds 600x300

Leeds

Joint Agent

Contact: Jack Spencer
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