Dunelm, Halifax

Retail Warehouse Investment For Sale

Stuart Waite

• Modern retail warehouse extending to 16,394 sq ft
• Prominently located on Pellon Lane,adjacent to Halifax Retail Park
• High quality purpose built retail warehouse constructed in 2003
• Let to Dunelm (Soft Furnishings) Limited with 8.30 years unexpired
• Dunelm (Soft Furnishings) Limited benefit from a D&B rating of 5A1
• The current passing rent is £198,455 per annum equating to £12.11 per sq ft
• Freehold
• We are instructed to seek offers in excess of £2,490,000 (Two Million,Four Hundred and Ninety Thousand Pounds) subject to contract andexclusive of VAT. A purchase atthis level reflects a Net Initial Yieldof 7.50% and a capital value of £152 per sq ft assuming purchaser’s costs of 6.38%

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