The property comprises part of the ground floor and basement of this three storey stone built attractive commercial building situated within 50 yards of the Piazza Shopping Centre which accommodates occupiers including Evans, Thornton's, The Card Factory, Greggs, Toyland, Boots and Superdrug.
The building is positioned to the south of the town centre a short walk from Huddersfield University and Halls of Residence, and in close proximity to the main entrance of the Kingsgate Shopping Centre.
Huddersfield is a university town with the university having enrolment of approximately 20,000 students. The town has a residential population of approximately 163,000 and is within the Kirklees Local Authority area. The town benefits from good connectivity, being accessible to the M62 at Junctions 23 (Outlane), and 24 (Ainley Top), in addition to having excellent train links being on the Transpennine Express line between Leeds and Manchester.
The availability of the property as an investment presents an excellent opportunity to acquire premises let to a strong covenant for a term of 5 years and presenting a yield of 9%.
The accommodation within the property extends to 97.2m (1,046ft) of ground floor retail, with 90.4m (973ft) of basement accommodation.
• Town Centre Investment Opportunity
• Leased by Skipton Building Society on a 5 year lease from 16 October 2018
• Annual rent £22,500 per annum (Gross yield of 9% based on asking price)
• Nearby occupiers include Greggs, Toyland and Superdrug
• EPC Asset Rating C (64)
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