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29 Bedford Street North, Hallifax, West Yorkshire, HX1 5BH

Our Ref: Hallifax
Property Price£350,000

Property Location:

Halifax

Property Type:

Investment

Property Class:

B8 - Storage & Distribution

Area Floorspace:

7239 Square Foot (sq²)

Property Feature List:

VAT Exempt
5 Yearly Rent reviews
15 Year Lease
Let to Travis Perkins (Properties) Ltd
Freehold trade counter investment

Property Description:


The Market town of Halifax lies about 8 miles southwest of Bradford and 7 miles west of Huddersfield and has a population of about 82,000 (2001 estimate.) The town can be accessed via the A629 which provides direct access to junction 24 of the M62 to the south.
Bedford Street North lies just to the west town centre between Pellon lane and Gillbert Street, The property lies on the west side of the road in a mainly commercial area, adjacent to Hallifax Retail Park. Nearby occupiers include PC World, Staples and Carpet Right.
Description
The property provides a trade counter showroom with warehouse storage accommodation totalling about 7239 sqft. The warehouse incorporates a mezzanine storage area.

Lease Information
Tenant: Travis Perkins Properties Ltd ( for the year ending 31 December 2007, the tenant repored a turnover of £49.88 Million a pre-tax profit of £28.21 Million and shareholder’s funds of £151.85 million (Source ICC)
Reviews: Every 5 years from commencement
Term: 15 Years from 31.07.2007
Type: Full repairing and insuring lease
Rent: £25,400 per annum
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