16 Town Street Farsley, Farsley

PA £9,500
To Let

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LOCATION

The property is located fronting Town Street in the centre of Farsley Village and is set within an established parade of similar properties.

DESCRIPTION

The property comprises a mid-terraced 3-storey building with retail space at ground floor level. The retail space is self contained and comprises open plan sales area with separate staff/ WC facilities.

The upper floors comprise 2no. one bedroom apartments that are separately let on Assured Shorthold tenancies generating an annual income of £11,700 pa.

ACCOMMODATION

Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 1st Edition the ground floor sales area provides a net internal floor area of

GROUND FLOOR  393 sq ft (36.5 sqm).

LEASE TERMS

The ground floor shop is offered to let by way of a new lease for a minimum term of 5 years at an initial rent of £9,500 pa, exclusive.

 

Alternatively the property is offered for sale on a freehold basis subject to existing tenancies at a guide price of £275,000. It is understood that VAT is not applicable.

 

BUSINESS RATES

According to the Valuation Office Agency website, the ground floor commercial premises has a current 2017 rateable value of £9,100. Interested parties are advised to direct further enquiries to the local authority.

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