Property photos
Just added
£215,000
(£192.31/sq. ft)
Retail premises for sale
Main Street, Cross Hills, Keighley BD201,118 sq. ft
Local area information
Property location
Nearby amenities
- South Craven School 0.2 miles
- Glusburn Community Primary School 0.2 miles
- Cononley 1.4 miles
- Steeton & Silsden 1.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Location
The property is situated in the centre of Cross Hills, and benefits from being close the the Cooperative Store, with associated car park. The building is adjacent to Aire Valley Kitchens, and nearby occupiers include Cohens Chemist, Airedale Opticians, and Wilman & Wilman Estate Agents.
Description
The property comprises a retail unit, currently let, and used as a Tanning salon, and a self-contained residential one-bedroom flat at first floor level. The property is fully let, and producing a current gross rental of £15,310 pa, with opportunity for growth etc.
Accommodation
We have been provided with the following floor areas, by our client.
Ground Floor
Retail Area 40.33 sqm (434 sqft)
Basement
Store 18.44 sqm (198 sqft)
First Floor
Flat (Gross Area) 45.15 sqm (486 sqft)
Services
The property benefits from the provision of mains electric, water and drainage.
Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type.
Outgoings
We understand the property to be assessed for Uniform Business Rates as follows:-
Description: Shop and Premises
Rateable Value: £9,400
The Uniform Business Rate for 2024/2025 is 54.60 pence in the £.
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
The flat does not currently appear to have a Council Tax Assessment on the Valuation Office website.
Lease/AST
The retail premises are let on a 5 year lease, from 1 April 2025 (expiring 31 March 2030) at a passing rent al of £10,630 pa, subject to annual fixed increases of 1.75% of the rent.
The First Floor Flat, is let on an AST at a passing rent of £390 pcm (holding over)
Price
£215,000 Subject to Contract, and Subject to the occupational lease, and AST for the residential element.
Legal costs
Each party to be responsible for their own legal costs incurred in the transaction.
Energy performance certificate
The ground floor retail has an EPC of C – 53
The flat has an EPC of C - 73
VAT
The property is not registered for VAT, and VAT will not be chargeable on the purchase price.
Anti-money laundering
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.
The property is situated in the centre of Cross Hills, and benefits from being close the the Cooperative Store, with associated car park. The building is adjacent to Aire Valley Kitchens, and nearby occupiers include Cohens Chemist, Airedale Opticians, and Wilman & Wilman Estate Agents.
Description
The property comprises a retail unit, currently let, and used as a Tanning salon, and a self-contained residential one-bedroom flat at first floor level. The property is fully let, and producing a current gross rental of £15,310 pa, with opportunity for growth etc.
Accommodation
We have been provided with the following floor areas, by our client.
Ground Floor
Retail Area 40.33 sqm (434 sqft)
Basement
Store 18.44 sqm (198 sqft)
First Floor
Flat (Gross Area) 45.15 sqm (486 sqft)
Services
The property benefits from the provision of mains electric, water and drainage.
Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type.
Outgoings
We understand the property to be assessed for Uniform Business Rates as follows:-
Description: Shop and Premises
Rateable Value: £9,400
The Uniform Business Rate for 2024/2025 is 54.60 pence in the £.
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
The flat does not currently appear to have a Council Tax Assessment on the Valuation Office website.
Lease/AST
The retail premises are let on a 5 year lease, from 1 April 2025 (expiring 31 March 2030) at a passing rent al of £10,630 pa, subject to annual fixed increases of 1.75% of the rent.
The First Floor Flat, is let on an AST at a passing rent of £390 pcm (holding over)
Price
£215,000 Subject to Contract, and Subject to the occupational lease, and AST for the residential element.
Legal costs
Each party to be responsible for their own legal costs incurred in the transaction.
Energy performance certificate
The ground floor retail has an EPC of C – 53
The flat has an EPC of C - 73
VAT
The property is not registered for VAT, and VAT will not be chargeable on the purchase price.
Anti-money laundering
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.
More information
Listed by
Mark Brearley & Co
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