Property Price: £350,000

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

Property Ref: Hallifax


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Property Class: B8 - Storage & Distribution


Property Type: Investment


Property Features:

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

Service Charge: POA


Insurance: POA


Business Rates Payable: POA


Area Floorspace: 7239 Square Foot (sq²)

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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