High Street Vacant Property with Two-Bedroom Accommodation in Pontefract for Sale
Pontefract, West Yorkshire
- Status
FOR SALE
- Advert ID
612355
- Reference
590552 / Rightbiz
- Call Agent:
- Freehold: £169,950
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Investment Property For Sale in Pontefract
VACANT SHOP UNIT AND INVESTMENT PROPERTY in Hemsworth, Pontefract for Sale.Ernest Wilson are pleased to bring to market this substantial property occupying a prominent high street trading position in the heart of this bustling market town. The property is a mixed use with ground floor salon (currently vacant) and first floor residential accommodation.
Ideally located adjacent to a JD Wetherspoons Freehouse at a major traffic junction.
Large open plan salon featuring an inviting layout, complemented by a functional kitchen / store area and a conveniently located WC. The included cellar offers ample storage space, enhancing the overall utility of the premises.
On the first floor, you will find a substantial self-contained two-bedroom accommodation with a private entrance. This well-appointed living space includes a comfortable lounge, a well-equipped kitchen, a modern bathroom, and two spacious double bedrooms, making it ideal for tenants or owner-occupiers.
While the salon is currently vacant, it has a strong history of rental performance, previously generating £650 per month. The first floor accommodation is currently leased under a 12-month AST, yielding a steady income of £750 per calendar month.
Overall, this property presents a compelling investment opportunity with a potential total annual rental income of £16,800, showcasing both residential and commercial potential in a desirable location.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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