16-20 Westgate, Dewsbury | Property for sale | Savills
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Guide price £130,000(1.764.595 kr)

16-20 WestgateDewsbury

  • Sole agency
  • Leasehold

Key features

  • High Yielding Retail Investment
  • Let to Done Brothers (Cash Betting) Ltd t/a Betfred
  • Lease Expires 23/06/2027
  • Producing £17,000 per annum
  • 2024 Break Option Not Exercised
  • 974 sq ft (90.48 sq m)
  • Asset Management Potential
  • Guide Price Reflects 13.6% Gross Yield

High Yielding Retail Investment Opportunity Triple Fronted Retail Unit Let to Betfred on a Five Year Lease Expiring 23/06/2027 and Paying £17,000 per annum

About this property

  • The property comprises a high yielding retail investment let to the undoubted covenant of Betfred. Arranged across basement and ground floors, the triple fronted retail unit is let to Done Brothers (Cash Betting) Limited t/a Betfred for a term of five years expiring 23/06/2027 and paying £17,000 per annum. The property occupies a prominent corner pitch in the heart of Dewsbury, with a number of local and national occupiers in the vicinity including Halifax, Lloyds, Costa, Boots and Specsavers.

Additional information

  • The property is let to Done Brothers (Cash Betting) Limited t/a Betfred for a term of five years expiring 23/06/2027 and paying £17,000 per annum.
  • The lease is on full repairing and insuring terms and includes an annual tenants break option on 23rd December with minimum six months notice.
  • Done Brothers (Cash Betting) Limited
  • D&B Rating - 5A2
  • Turnover (2022) - £418m
  • Pre-Tax Profit (2022) - £40.46m
  • Total Assets (2022) - £485m
  • Employees - 4,929
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