House For Sale Airedale Road, Keighley, BD21

£500,000

1 of 15
  • Description
  • Street View
  • Maps
Last Updated: 10th April 2024

Description

FORMER RESTAURANT, RESIDENCE AND CAR PARK SET IN A 0.439 ACRE SITE in Keighley for Sale.

Highly recognised and prominent site just off the A650 Airedale Trunk Road between Bingley and Keighley at the Marley roundabout. A former Italian restaurant that has been in the same family ownership for over three decades.

The site would be of particular interest to developers for a potential residential scheme (subject to planning), national corporate restaurant or coffee chains, or independent restaurant or bar operators. Its highly visible location, on one of the busiest A roads in West Yorkshire, will undoubtedly attract a great deal of interest and therefore we strongly suggest that interested parties make an appointment to view the property without delay.

The Property: The site, of approximately half an acre, includes its own vast car park, a substantial stone built restaurant over ground floor, and substantial living accommodation on the first floor, including a family sized and fully self-contained apartment with huge, split level, reception room, dining area, kitchen, bathroom and three bedrooms plus a study. A wrap-around outside balcony and conservatory gives the apartment huge space and appeal.

The restaurant has several trading areas over a number of split levels and a commercial catering kitchen. The restaurant is fully-fitted and equipped, including a wide deck, gas pizza oven and a range of commercial cooking equipment under a vast stainless hood and extraction system. Separate food prep and pot-wash areas. A pass-through from kitchen to the restaurants wait station. There is a main dining room of approximately 135 square metres plus ladies and gents toilets, and a private function room of almost 50 square metres, plus ladies and gents toilets. There is a service bar and a small private dining room for special occasions on a raised floor level. The restaurant has a covered, glass fronted portico which wraps around two sides of the restaurant and provides additional seating. Several rooms on first and second floors above the restaurant kitchens could provide additional live-in accommodation, but are currently utilised for storage, staff toilet and management office.

The Offer: Our client will consider all offers, both for the Freehold interest in the entire property with vacant possession, or Leasehold interest in the restaurant, secured with a new lease, and to include the existing fixtures, fittings and equipment on the premises.
EPC Band C.
Agent Details
Ernest Wilsons & Co Limited
The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG
Show Contact Number
0113 238 2900

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

£129,995
Keighley, BD20
Flat
7.5
£132,000
Keighley, BD20
Flat
7.4
£110,000
Keighley, BD20
Flat
6.6
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested