A RARE INVESTMENT OPPORTUNITY TO ACQUIRE A 3 STOREY END TERRACED PROPERTY WITH LONG TERM SITTING TENANTS OCCUPYING A LAUNDERETTE AND 2 SPACIOUS UPPER FLOOR APARTMENTS
Conveniently situated within short walking distance of the town centre, this substantial stone built mixed use property is currently let at £14,880 per annum with further potential for a higher yield; having long established sitting tenants providing a ready-made return on an investment.
The ground floor launderette is let under a 10 year internal repair lease (£6000 per annum until 2025), the first floor apartment at £350 per month since 2006 and the 2nd floor apartment at £390 per month since 2017.
Silsden’s thriving town centre provides many amenities including independent shops, eateries, public houses, primary schools and 2 supermarkets; being located midway between Skipton, Ilkley & Keighley and with excellent network links via nearby Steeton railway station.
Recommended for closer inspection, the overall accommodation in more detail comprises:
TO THE GROUND FLOOR
Side entrance door with stairs the first & second floor flats and front half glazed door to:
LAUNDERETTE: 21’1” x 19’2” (max) with large glazed display window, side store room and opening to:
REAR SHOP: 17’8” x 15’0” with store and Cloakroom with low suite w.c with access doors to the rear.
NB: the fixtures & fittings within the launderette are owned by the tenant and not included in the sale.
TO THE FIRST FLOOR
HALL: 16’6” x 3’2”.
BATHROOM: 5’8” x 12’0” (max) with 3 piece suite comprising panelled bath with shower over, low suite w.c, pedestal wash hand basin, extractor fan, wall heater, Vinyl tiled floor and large window with frosted glass.
KITCHEN: 12’2” x 8’0” (average) with wall and base units, laminate worktops, stainless steel sink unit, Neff oven, 4 ring electric hob with extractor over, washer & dishwasher plumbing, Vinyl flooring, cupboard housing the hot water cylinder and window with open hill tops views.
DRESSING ROOM / OCCASIONAL BEDROOM 2: 8’9” x 6’10”.
DOUBLE BEDROOM: 15’0” x 9’0” with hill tops views.
SITTING ROOM: 15’0” x 13’9” with electric heater and windows on 2 sides.
HALL: cupboard housing the hot water cylinder and inner hall access to the bathroom and stairs to the second floor.
BATHROOM: 8’9” x 5’3” with modern 3 piece suite comprising panelled bath with shower over, low suite w.c, pedestal wash hand basin, chrome heated towel rail, Vinyl flooring, part tiled walls and window with frosted glass.
TO THE SECOND FLOOR
DINING AREA / STUDY: 7’2” x 6’7” with Vinyl flooring.
KITCHEN: 7’3” x 12’5” (average) with wall and base units, worktops, stainless steel sink unit, oven and four ring electric hob, washer plumbing, part tiled walls, Vinyl flooring and gable end window with far reaching views.
SITTING ROOM: 15’0” x 14’5|” with electric heater and far reaching views.
BEDROOM: 15’0” x 9’10” with electric heater and far reaching views.
TO THE OUTSIDE
There is a small open forecourt and street parking is readily available.
SERVICES: Mains gas is connected to the launderette but not to the flats. Mains water, drainage and electricity are connected to the properties and there are independent meters. The heating/electrical appliances and any fixtures and fittings included in the sale have not been tested by the Agents and we are therefore unable to offer any guarantees in respect of them.
COUNCIL TAX BAND: Verbal enquiry reveals that flats have been placed in Council Tax Band A levied by Bradford Metropolitan District Council and the Launderette has a rateable value of £5,600 (small business relief may apply).
POST CODE: BD20 0AS
VIEWING: Please contact the Selling Agents, Messrs. Wilman and Wilman on telephone 01535-637333 who will be pleased to make the necessary arrangements and supply any further information.
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Friendly, professional and efficient agents. Would highly recommend.