For Sale
£100,000
1094 Sq Ft | Ref: 104057
Investment, Retail
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FOR SALE BY ON-LINE AUCTION, WEDNESDAY 18 NOVEMBER 2026; LET TO BETFRED AT £12,500 PA. The property comprises a ground floor retail unit, let to Betfred and operated as a betting shop. Having an open plan sales area with serving counter, the property benefits from customer WC facilities, staff room and staff facilities. The property is let to Done Brothers (Cash Betting) Limited t/a Betfred, by way of a renewal lease dated 24th June 2026, within the Act, for a term of 5 years from 24th June 2026, at a current passing rent of £12,500 per annum. The rent will increase to £15,000 per annum from 23rd June 2028, for the remainder of the contractual term. The lease contains a break clause in favour of the tenant, conferring on the tenant the right to break the lease, subject to no less than 6 months' prior written notice, on the following dates: 23rd June 2028; 23rd June 2029; 23rd June 2030; and 23rd June 2031. The service charge in the head lease is fully recoverable from Betfred under the terms of this lease, a copy of which is available within the legal pack. Betfred have been in occupation for almost 20 years and we understand trade well from the location. The property is offered for sale, by on-line auction, on Wednesday 18th November 2026 (12 noon 'soft close' of bidding).
Halifax, boasting a strong industrial heritage and a plethora of Victorian architecture, is the largest town in the borough of Calderdale, with a population of circa 90,000. The reopening of the Piece Hall in 2017 has acted as a major catalyst for the town's urban and cultural renaissance, spurring a wider wave of independent shops, bars, cosmopolitan restaurants, and specialty stores to open in and around the town centre.
The subject property is located with prominent frontage to Crown Street, which forms part of the town centre's pedestrianised area. Nearby occupiers include McDonald's and GO Outdoors.
B (37)
We understand the sale will not attract VAT.
The total approximate net internal floor areas are:
Ground floor 1,094 sq.ft. 101.94 sq.m
Total approximate NIA 1,094 sq.ft. 101.94 sq.m
All measurements have been taken compliant to the RICS code of measuring practice. These measurements have been taken in metric and converted to their nearest imperial equivalent.
The property is held on a long leasehold title, with a 999-year lease term from 1st July 1863, under title number WYK866272, details of which are available within the legal pack.
The property is let to Done Brothers (Cash Betting) Limited t/a Betfred, by way of a renewal lease dated 24th June 2026, within the Act, for a term of 5 years from 24th June 2026, at a current passing rent of £12,500 per annum. The rent will increase to £15,000 per annum from 23rd June 2028, for the remainder of the contractual term.
The lease contains a break clause in favour of the tenant, conferring on the tenant the right to break the lease, subject to no less than 6 months' prior written notice, on the following dates: 23rd June 2028; 23rd June 2029; 23rd June 2030; and 23rd June 2031.
The service charge in the head lease is fully recoverable from Betfred under the terms of this lease, a copy of which is available within the legal pack.
Auction Information
The property is offered for sale, by on-line auction, on Wednesday 18th November 2026 (12 noon 'soft close' of bidding).
The lot carries a buyer's administration fee of £950 plus VAT. This will be chargeable upon the fall of the electronic gavel.
In accordance with Clause 8 (v) of the 'Auction Special Conditions', on the Completion Date, the buyer must pay to the Seller's Solicitor, in cleared funds, in addition to the purchase price, the sum of £556.08 (inclusive of any VAT) in respect of searches and disbursements.
In accordance with Clause 8 (vi) of the 'Auction Special Conditions', on the Completion Date, the buyer must pay to the Seller's Solicitor, in cleared funds, in addition to the purchase price, a contribution of £2,000 plus VAT towards the Seller's legal fees.
IMPORTANT NOTICE TO BIDDERS If you intend to bid at the auction, you MUST provide one form of photographic identification (e.g. passport or driving licence) AND two proof-of-current-address documents (e.g. utility bill, bank statement, etc).
Completion Date
In accordance with the Common Auction Conditions (Edition 4), Completion is to be within 20 working days following the fall of the electronic gavel or, if the lot is sold prior to or post auction, 20 working days from the date the contract is signed.
The property has been assessed for business rates and has a Rateable Value of £12,500.
42715
For viewing arrangements, please contact the agent: Lily Garside Direct Line: 01484 477600 Email: lily.garside@walkersingleton.co.uk Phil Deakin Direct Line: 01484 477600 Email: phil.deakin@walkersingleton.co.uk
8 Crown Street, Halifax