SSTC, House 

Sun Street and Fern Street, Haworth, Keighley

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Features

  • Mixed use investment property
  • Ground floor retail unit
  • Three bedroom terrace off Fern Street
  • Opportunity to add value
  • Potential yield of 7.75%
  • Potential rent - £11,600 pa
  • Freehold
  • Vacant possession

Address

No 9 and No 1 Sun Street and Fern StreetHaworthKeighleyYorkshireBD22 8QA
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Property Details

•Mixed use retail and residential investment opportunity
•Ground floor shop & three bedroom terrace house
•Residential accommodation over ground, first and second floors
•Sold with vacant possession
•Approx. floor area 1,470 ft2

The property is a mix of commercial and residential accommodation arranged over ground, first and second floors.

The ground floor of 9 Sun Street includes a retail unit, previously trading as a convenience store. The residential accommodation is entered at ground floor level, directly off Fern Street. To the ground floor there is a kitchen and living area.

This property is located on both Sun Street and Fern Street in Haworth. Haworth is a village situated in West Yorkshire, just three miles southwest of Keighley, accessed via the A629 or Holme House Lane.

There are a range of amenities and facilities nearby as well as regular bus links that run directly in to and out of Keighley town centre.

Haworth is also located approximately 10 miles west of Bradford and 10 miles east of Colne in Lancashire.

The train station can be reached within a 15-minute drive from the property, providing easy access across the rest of the country.

Description Continued

The first floor comprises a large living area, two double bedrooms, family bathroom with walk in shower and bath, and stairs leading to the loft conversion which offers further accommodation. Part of the first floor accommodation is over the ground floor shop.

Externally, the property benefits on street parking within the vicinity.

Accommodation

Shop – 43.45 m2 / 468 ft2

Residential – 92.90 m2 / 1,000 ft2

Business Rates & Council Tax

The Rateable Value of the shop is £3,000

The residential accommodation is within Band B.

Services

We understand the property has mains gas, electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure

Freehold with vacant possession.

Investment Analysis

We consider a rent of approximately £5,000 per annum can be acheived for the shop and a rent of £550 pcm (£6,600 pa) can be achieved for the residential accommodation.

Once fully let, a total combined income of £11,600 per annum should be achievable, which would reflect a gross yield of approximately 7.5%.

Asking Price

£150,000

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