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For Sale£150,000.00

22 The Knowl, Mirfield, WF14 9RW

Residential, Retail, Mixed Use, Other Property Types & Opportunities , 1622 Sq Ft
Property type: Residential, Retail, Mixed Use, Other Property Types & Opportunities
Tenure: Development Opportunity, Investment Opportunity, For Sale Freehold
Size: 1622 Sq Ft
Price: £150,000.00
Location: 22 The Knowl, WF14 9RW
LOCATION

The property occupies a prominent corner position at the junction of The Knowl, Back Knowl Road and Nab Lane, in an established residential area, to the north of Huddersfield Road (A644) which effectively forms Mirfield Town Centre.

Nearby occupiers include a Cooperative Food Store, Vibe Hair Design UK, Laundry Room, Rogers Mens Hair Salon etc.

The location is well-known in the immediate vicinity and, the ground floor premises are occupied by Shaun Fearweather as a well-known butchers operation.

DESCRIPTION

The property comprises a ground floor butcher’s shop, with additional preparation areas, basement storage and a first floor 1-bedroom flat with separate side access. Adjacent to the property is a large car parking area, providing potential for additional redevelopment of the site.

ACCOMMODATION

The property has the following approximate dimensions and principle floor areas:-

Gross Frontage 7.62 m (25’0”)

Internal Width 7.31 m (24’0”)

Shop Depth 6.20 m (20’4”)

Ground Floor

Sales Area 41.34 sqm (445 sqft)

Ancillary 60.61 sqm (655 sqft)

Basement

Store 14.41 sqm (155 sqft)

First Floor

Separate 1-bedroom apartment comprising living kitchen, bathroom and bedroom
_________ _______

Total Gross Floor Area 34.10 sqm (367 sqft)

External

Car parking/additional area with potential for redevelopment.

RATING ASSESSMENT

The property is currently assessed for Uniform Business Rates purposes as follows:-

Description: Shop and Premises
Rateable Value: £7,600

The Uniform Business Rate for 2018/2019 is 49.3 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 property is currently assessed for Council Tax purposes as follows:-

Council Tax Band: A
Council Tax Payable 2018/2019: £1,138.03

LEASE

The ground floor retail/butcher’s shop is currently let under the terms of an informal 5 year agreement with effect from 4 September 2018 at a current passing rental of £5,280 per annum. The residential accommodation is currently vacant but has previously been let at rentals in the region of £85 per week.

PRICE

Offers are invited in the region on £150,000 subject to contract – subject to the occupancy of the butcher’s accommodation.

VAT

We understand the property is not elected for VAT.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in the transaction.

ENERGY PERFORMANCE CERTIFICATE

An Energy Performance Certificate (EPC) has been commissioned.
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