Property photos
Auction
From
£35,000
Property for sale
North Street, Keighley BD21Local area information
Property location
Nearby amenities
- St Anne's Catholic Primary School 0.1 miles
- Keighley 0.3 miles
- Parkwood Primary School 0.4 miles
- Steeton & Silsden 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Keighley to find out more about the local area.
Features and description
- To be offered on Wednesday 14 May
- High Yielding Investment Opportunity
- Retail Unit and Upper Parts
- Let to a Long Standing Tenant of 30+ Years
- Lease Expired - Tenant Holding Over
- Asset Management Potential Via Renewal
- Development Potential to Upper Parts (subject to consents)
- Investment Let at £5,800 p.a. (16.57% giy on Guide Price)
Strapline
Auction Sale - 13/05/2025
High Yielding Retail Investment Opportunity Forming Part of a Popular Local Parade
Retail Unit and Upper Parts Let to a Long Standing Occupier of 30+ Years on a Lease Which has Expired (tenant holding over) Offering Asset Management Potential Via Renewal
Investment Let at £5,800 per annum
Description
The property comprises a high yielding investment opportunity forming part of a popular local parade with asset management potential.
Arranged as a ground floor retail unit with upper parts. The property is let to a long standing tenant of 30+ years trading as a flower shop. The lease has expired and the tenant is holding over, continuing to pay the passing rent of £5,800 per annum.
We consider the property offers evident asset management potential via renewal of the lease and improvement of rents, with nearby units paying £8,000-£10,000 per annum.
The property occupies a prominent pitch and forms parts of a popular local parade fronting North Street, a busy arterial route benefitting from high footfall. The property is immediately to the north of the Town Centre and the area is characterised by a mix of local and national retailers as well as some residential and office accommodation. Nearby occupiers include jd Wetherspoons, a Post Office, cex, and Keighley Library
Auction Sale - 13/05/2025
High Yielding Retail Investment Opportunity Forming Part of a Popular Local Parade
Retail Unit and Upper Parts Let to a Long Standing Occupier of 30+ Years on a Lease Which has Expired (tenant holding over) Offering Asset Management Potential Via Renewal
Investment Let at £5,800 per annum
Description
The property comprises a high yielding investment opportunity forming part of a popular local parade with asset management potential.
Arranged as a ground floor retail unit with upper parts. The property is let to a long standing tenant of 30+ years trading as a flower shop. The lease has expired and the tenant is holding over, continuing to pay the passing rent of £5,800 per annum.
We consider the property offers evident asset management potential via renewal of the lease and improvement of rents, with nearby units paying £8,000-£10,000 per annum.
The property occupies a prominent pitch and forms parts of a popular local parade fronting North Street, a busy arterial route benefitting from high footfall. The property is immediately to the north of the Town Centre and the area is characterised by a mix of local and national retailers as well as some residential and office accommodation. Nearby occupiers include jd Wetherspoons, a Post Office, cex, and Keighley Library
More information
Listed by
Savills - National Auctions
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