Property Description

A mixed use building comprising ground floor retail unit and a licensed HMO to the upper floors. The premises currently generate a combined gross income of £31,896 per annum which equates to a return of approximately 16%, when based on the guide price. 70 Pontefract Road - The retail unit is run as a beauty salon/nail technicians and let at £750 per calendar month. 70A Pontefract Road - Fully let, there are four bedrooms, each let for £477 per calendar month. All rooms have their own ensuite shower room and tenants have use of a communal living kitchen on the first floor. Externally, there are 4/5 parking spaces provided for the HMO residents, and shop keepers. We have been advised that the entire building, inclusive of the retail, was refurbished to a high standard in 2024.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure

Freehold

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