Savills · 21 Oct 2026 · in 2 days
High Yielding Retail Investment
24-25 Market Square, Shipley, BD18 3QJ · Yorkshire and the Humber
LiveRetailLeaseholdLet
- Guide
- £175,000
- Rent a year
- £27,500
- Yield on the guide
- 15.7%
- Payback
- 6.4 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
- Size
- 2,325 sq ft£11.83 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 23 Aug 2018 (certificate 9166-3028-0883-0300-2725). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold retail lot in Shipley. Producing £27,500 a year, a 15.7% gross yield at the guide.
High Yielding Retail Investment Occupying a Prominent Pitch on a Popular Pedestrianised Parade Retail Unit and Upper Parts Let to The Works on a Lease Which Expired 22.11.2024 Tenant Holding Over, Offering Asset Management Potential Via Renewal - Adjacent Unit Recently Renewed at £42,000 per annum Investment Let at £27,500 per annum. High Yielding Retail Investment. Retail Unit and Upper Parts. Fully Let to the Works. Tenant Holding Over. Asset Management Potential Via Renewal. Adjacent Unit Renewed at £42,000. 2,325 sq ft (216 sq m). Investment Let at £27,500 p.a. (15.71% GIY on Guide Price). The property comprises a high yielding retail investment opportunity occupying a prominent pitch on a popular pedestrianised parade. Arranged as a retail unit and upper parts, the property is let to The Works Stores Limited on a lease which expired 22.11.2024 and paying £27,500 per annum. The tenant is therefore holding over and we consider the property offers asset management potential via renewal of the lease and improvement of rent, with the adjacent unit let to Superdrug recently renewed at £42,000 per annum. The property occupies a prominent corner pitch fronting the pedestrianised Market Square and forming part of a popular parade. The area is characterised by national retailers including Iceland, Specsavers, Greggs and Superdrug. Tenure: Leasehold - 199 Years Expiring 31.03.2155
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.