7 Bridge Street Pontefract WF8 1PG

****COMMERCIAL PROPERTY INVESTMENT FOR SALE****

• Well let commercial property investment opportunity
• Rental £19,000 per annum
• A purchase price of £200,000 reflects a nett initial yield of approx 9.3%

The property comprises 2 storey retail accommodation currently let to a nail bar who operate multiple outlets. The unit provides open plan retail space on the ground floor with staff accommodation, storage and a wc at first floor level.

The tenant, Nail Express, occupy on a 10 Year Lease expiring on 11th February 2031 but do have a tenant break option as well as a rent review on 26th February 2026. The break option is subject to 6 months written notice. The tenant currently pays £19,000 per annum and has a full repairing and insuring liability in place.

The premises are located on the corner of Finkle Street and Bridge Street in a pedestrianised part of the town, although they do have excellent and extensive frontage to the heavily trafficked Finkle Street.

ACCOMMODATION 

Ground floor: 808 sq ft

First floor: 694 sq ft

Total: 1,502 sq ft

EPC 

The premises have a current energy efficiency rating of E109

TERMS

The premises are being made available freehold subject to the occupational lease currently in place at a price of £200,000

VIEWING 

Please contact James Stuart of Malcolm Stuart Property Consultants LLP on 01937 530853 or direct with Woodhead Investments & Development Services Ltd on 01924 374720