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Retail investment opportunity in Shipley

Shipley, BD18 - Get Access

Description

The property comprises a high yielding retail investment opportunity occupying a prominent pitch forming part of a popular parade. Arranged as a retail unit and upper parts, the property is let to Holland and Barrett Retail Limited on a lease expiring 02.10.2026 (holding over), with negotiations to renew the lease currently underway. The investment is let at £29,500 per annum. The surrounding area is characterised by well-known national retailers including Iceland, Specsavers, The Works, and Superdrug. Comprises approximately 243.31 sq m (2,619 sq ft). Tenure is Leasehold for 199 years expiring 31.03.2155.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,619 sq ft (Listing)

The property is valued as a two-storey commercial retail investment located on a prominent corner pitch in Market Square, Shipley. The assessment utilizes an advertised internal area of 2,619 sq ft, drawing on local retail sales evidence and current passing rental income of £29,500 per annum. Condition is noted as good (7/10) with prominent window display frontage.

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