Mixed-Use Investment Opportunity

Offers:

In The Region of £385,000

Size:

c. 5,095 sq. ft

Location:

15 – 23 Nelson Street, Birstall, West Yorkshire, WF17 9ER​

Viewing Information:
Strictly by Prior Appointment made with Hilco Real Estate Advisory Representatives

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Map:

On the Instructions of the Fixed Charge Receivers

Unexpectedly re-offered to the market due to aborted negotiations

Description

The subject property comprises a mixed-use terrace fronting Nelson Street, incorporating four commercial units, a rear workshop building with outbuildings and three residential units, including a large two-bedroom flat and two one-bedroom flats. 

The ground floor accommodation includes four retail units (Nos. 15–21), and a rear workshop. There is also a shared yard including off-street parking for approximately five vehicles, accessed via two separate archways from Nelson Street – one serving the rear yard and workshop, and the other providing access to two of the residential units (15A and 15B).

Unit 21 is currently let and occupied as a beauty salon, with the remainder of the accommodation having recently been vacated. The first-floor flat is particularly spacious and offers strong letting potential, with additional former office accommodation above Unit 17 offering further scope for income generation or recon figuration.

This rare freehold opportunity provides scope for value enhancement through letting and active asset management. The estimated rental value (ERV) is expected to be in excess of £58,000 per annum once fully let.

Given its central and prominent location, flexible layout and income-producing potential, we expect the property will appeal to a broad range of investors.

Location

Situated within the vibrant community of Birstall, Batley, 15-23 Nelson Street benefits from a prominent roadside position with excellent visibility. This established location offers immediate access to a range of local amenities, including shops, cafes and local services. The property boasts excellent transport links; being within 1.3 miles from Junction 27 of the M62, providing clear access to Leeds, Bradford and Manchester. 

Tenure​

The property is held freehold under title numbers WYK228499, WYK490824, WYK499272.

We understand that an adjoining landowner benefits from a right of way providing access to the garage located in the corner of the rear yard.

Contacts

Sean Flynn

Graduate Surveyor

Leeds Office

+44 (0) 7519 128827

[email protected]

Craig Watson MRICS

Senior Director

Leeds Office

+44 (0) 7368 254419

[email protected]