61-63, 65-67 New Street & Albert Yard Huddersfield West Yorkshire HD1 2BQ

  • 61-63, 65-67 New Street & Albert Yard<br>Huddersfield<br>West Yorkshire<br>HD1 2BQ

61-63, 65-67 New Street & Albert Yard
Huddersfield
West Yorkshire
HD1 2BQ

Virtual Freehold Pedestrianised Retail Investment and Vacant Retail

  • Pedestrianised town centre location
  • Part let on a 10 year lease from 2019 (1)
  • Over 20,000 sq ft
  • Occupiers nearby include Costa, Oxfam, Peacocks, Savers, Poundland and Primark
  • Lot
    41
  • Auction
    26th March 2020
  • Rent
    £55,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • On Behalf of a Major Fund Manager
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Virtual Freehold Pedestrianised Retail Investment and Vacant Retail

  • Pedestrianised town centre location
  • Part let on a 10 year lease from 2019 (1)
  • Over 20,000 sq ft
  • Occupiers nearby include Costa, Oxfam, Peacocks, Savers, Poundland and Primark
  • Lot 41
  • Auction 26th March 2020
  • Rent £55,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
15 miles south-west of Leeds
25 miles north-east of Manchester
26 miles north of Sheffield
Roads
A62, A629, A640, M62 (Junctions 23/24)
Rail
Huddersfield Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of Huddersfield town centre, on the pedestrianised New Street at its junction with Albert Yard and near to High Street. The property is located close to the Piazza Shopping Centre, Huddersfield Library and Huddersfield Concert Hall. Nearby occupiers include Costa, Oxfam, Peacocks, Savers, Poundland, Primark, Yorkshire Bank and Ladbrokes.

Tenure

Virtual Freehold. Held for a term of years expiring 30/04/3913 at rent of £60 per annum.

Location
Miles
15 miles south-west of Leeds
25 miles north-east of Manchester
26 miles north of Sheffield
Roads
A62, A629, A640, M62 (Junctions 23/24)
Rail
Huddersfield Railway Station
Air
Leeds Bradford Airport
Situation

The property is prominently situated in the heart of Huddersfield town centre, on the pedestrianised New Street at its junction with Albert Yard and near to High Street. The property is located close to the Piazza Shopping Centre, Huddersfield Library and Huddersfield Concert Hall. Nearby occupiers include Costa, Oxfam, Peacocks, Savers, Poundland, Primark, Yorkshire Bank and Ladbrokes.

Tenure

Virtual Freehold. Held for a term of years expiring 30/04/3913 at rent of £60 per annum.

Description

The property comprises two double fronted shops arranged over basement, ground, first and second floors together with a ground floor unit fronting Albert Yard. 61/63 New Street is Grade II listed.

VAT

VAT is applicable to this lot.

Planning

The property may benefit from conversion to residential use, subject to the current occupation and the necessary consents/permissions. Interested parties are referred to Kirklees Council. www.kirklees.gov.uk

Completion Period

Six Week Completion

EPC

See legal pack at acuitus.co.uk

Description

The property comprises two double fronted shops arranged over basement, ground, first and second floors together with a ground floor unit fronting Albert Yard. 61/63 New Street is Grade II listed.

VAT

VAT is applicable to this lot.

Planning

The property may benefit from conversion to residential use, subject to the current occupation and the necessary consents/permissions. Interested parties are referred to Kirklees Council. www.kirklees.gov.uk

Completion Period

Six Week Completion

EPC

See legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Review
61/63 New Street
Ground
Basement
First
Second		  

198 sq m
33 sq m
158 sq m
192 sq m

(2,131 sq ft)
(355 sq ft)
(1,700 sq ft)
(2,067 sq ft)
 VACANT      
65/67 New Street
Ground
Basement
Retail
Ancillary

400 sq m
338 sq m

(4,305 sq ft)
(3,638 sq ft)
 ZCO LIMITED
t/a Roti Bar &
Post Office		 10 years from
20/03/2019 (1)		 £55,000 20/03/2024
First (2)
Second (2)		 Ancillary
Ancillary
371 sq m
160 sq m
(3,994 sq ft)
(1,723 sq ft)
 VACANT
VACANT		      
Albert Yard
Ground
Retail

94 sq m

(1,011 sq ft)
 VACANT      
Total
1,944 sq m
(20,925 sq ft)
     £55,000  

(1) Tenant's option to determine 19/03/2024 upon 12 months' notice.
(2) No separate access - access is via the ground floor let to ZCO Limited.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Seller's Solicitors
CMS Cameron McKenna Nabarro Olswang LLP 1 The Avenue
Manchester
M3 3AP
John Figura 0161 393 4722john.figura@cms-cmno.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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