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44-52 Town St 3,992 SF 100% Leased Retail Building Pudsey LS28 5LD $534,920 ($134.00/SF)
INVESTMENT HIGHLIGHTS
- 5 commercial properties on established parade
- Superbly located on Farsley’s high street
- Rare retail investment opportunity
EXECUTIVE SUMMARY
This rare investment portfolio consists of a stone brick three storey retail parade under a pitched roof.
44 Town Street: 5 year lease to Farsley Travel Ltd starting Feb 2016 at a rental of £5,000 p.a ex.
46 Town Street: 10 year lease to Steven Newbatt t/a The Farsley Cake Co starting September 2019 at a rental of £5,760 p.a ex. The lease has a rent review September 2024 that has not been actioned and the September 2024 break clause was not actioned.
48 Town Street: 15 year lease to Wen Feng Yuan t/a Rainbow starting October 2017 at a rental of £5,500pa. Rent review every fifth anniversary.
50 Town Street: 5 year lease to Sarah Woolveridge t/a The Beauty Parlour starting February 2020 at a rental of £7,800pa.
52 Town Street: Vacant.
44 Town Street: 5 year lease to Farsley Travel Ltd starting Feb 2016 at a rental of £5,000 p.a ex.
46 Town Street: 10 year lease to Steven Newbatt t/a The Farsley Cake Co starting September 2019 at a rental of £5,760 p.a ex. The lease has a rent review September 2024 that has not been actioned and the September 2024 break clause was not actioned.
48 Town Street: 15 year lease to Wen Feng Yuan t/a Rainbow starting October 2017 at a rental of £5,500pa. Rent review every fifth anniversary.
50 Town Street: 5 year lease to Sarah Woolveridge t/a The Beauty Parlour starting February 2020 at a rental of £7,800pa.
52 Town Street: Vacant.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
3,992 SF
Year Built
1958
Price
$534,920
Price Per SF
$134.00
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Frontage
77’ on Town Street
AMENITIES
- 24 Hour Access
- Storage Space
1 1
NEARBY MAJOR RETAILERS
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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44-52 Town St
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