The property comprises a three storey retail/leisure complex being part brick part clad under a variety of pitched roofs with the majority of the building presently occupied (and income producing).
Externally the property benefits from a large loosely surfaced car park to the rear (accessed off Station Road) though this is demised to the gym (Roy Ellams Premier Health Club) and taxi rank.
Location
‘Vale Studios’ are situated in the original Vale Cinema complex which is close to the junction of the main A644 Huddersfield Road with Station Road. Station Road provides access to the large Co-op, includes the large Lidl supermarket and leads to the recently upgraded Mirfield railway station (which provides access to Leeds, Manchester and London Kings Cross).
The immediate area is a mix of commercial, retail and leisure operators which includes Life’s a Burger, Haighs Solicitors and Tesco Express.
The A644 Huddersfield Road directly links Dewsbury town centre with Junction 25 of the M62 (Brighouse).
Accommodation
Vale Studios 1,303.64m² (14,032 sq. ft)
A schedule of floor areas is available upon request.
Gross Internal Floor Area 1,303.64m² (14,032 sq. ft)
Terms
Services - We are advised the property benefits from mains water, sewer drainage and electricity in addition to individual appliances including heating and lighting. No tests have been carried out on any of the aforementioned services or appliances and therefore we are unable to comment as to their condition or capacity.
Energy Performance Certificates - The property has a variety of EPC’s including 51 Huddersfield Road (A), 51 Huddersfield Road (C), 53 Huddersfield Road (B) all of which are available upon request.
Tenancies - We are advised the premises are currently occupied as follows:-
Istanbul Barbers occupy on a 5 year agreement from June 2024 with a rent of £8,000 per annum exclusive.
Humanity First UK Ltd occupy by way of a 5 year agreement from December 2024 at £8,000 per annum exclusive.
Café 52 is occupied by way of a 3 year agreement from May 2024 at a rent of £5,700 per annum exclusive.
Roy Ellams Premier Health Club occupy by way of a 10 year lease from January 2025 with a rent of £22,000 per annum exclusive.
Station Cars occupy by way of a 3 year term from January 2024 at a rent of £9,000 per annum exclusive.
Vacant – first floor Vale Studios 357m² (3,841 sq. ft)
Potentially suitable for a variety of commercial/leisure uses (STP).
Current Gross Income £52,700 per annum exclusive
Price - Offers in the region of £850,000.
VAT - All rents and prices are quoted exclusive of VAT.
Anti-Money Laundering Regulations - In accordance with the Anti-Money Laundering Regulations evidence of identity and a source of funding will be required from the successful offeree prior to instructing solicitors.
Specification
- Multi tenanted retail/leisure investment currently generating £52,700 per annum exclusive (with part vacant)
- Prominently located immediately adjacent the main A644 Huddersfield Road in the centre of Mirfield
- Includes rear car park and potential to increase the income from vacant space (suitable for a variety of uses, STP)