58 LOW STREET, KEIGHLEY BD21 3PT
- £ 350,000.00
- Type: Retail Leisure Investment
- Location: Keighley
- Posted On: Mar 11, 2026
The property occupies a corner position in a pedestrianised street close to the entrance to the Airedale Shopping Centre and the Market Hall. The building is constructed in brick with part rendered covering and part stone facing with display window to Low Street with short return frontage.
The property has been used as an amusement arcade for over 20 years. The arcade is operated by RAL Ltd t/a Admiral and owned by Australian billionaire The Graff family. They are market leaders in amusement arcades and have over 250 UK outlets.
The property is situated in the Town Centre of Keighley adjacent to the car park for Morrisons Supermarket and also the Airedale Shopping Centre. It sits towards the southern end of Low Street near to its junction with Worth Way. Nearby occupiers include Greggs Bakery, Superdrug, Halifax Bank and Subway.
| m2 | ft2 | |
| GROUND FLOOR | ||
| Amusement Arcade | 55 | 595 |
| Kitchen | 3 | 30 |
| FIRST FLOOR | ||
| Café and Kitchen | 60 | 643 |
| W.C | ||
| SECOND FLOOR | ||
| Roof space storage | 74 | 800 |
| TOTAL | 192 | 2,068 |
The property benefits from mains water, drainage and electric. Please note that neither service connections or any appliances have or will be tested prior to completion.
The property has the following entries in the 2023 Rating List. We have also listed the 2026 Rateable Value which will be applicable from the 1st April. Interested parties should confirm these with the Local Authority.
| Rateable Value (2023) | Estimated rates payable |
| £15,250 | Approx. £7,625 |
| Amusement Arcade & Premises | |
| Rateable Value (2026) | Estimated rates payable |
| £13,500 | Approx. £6,750 |
The property is believed to have planning consent for its current use as an amusement arcade with café at first floor level. Purchasers should make their own enquiries with the Local Authority. The permission for the café use at first floor level was granted in 2001.
The lease is dated 7th June 2021 for a contractual term of 10 years from 7th June 2021 at an annual rent of £30,000 per annum. The lease is held on full repairing and insuring terms. A copy of the lease is available from the selling agents on application.
The property is offered for sale, subject to the existing Lease at an asking price of offers in the region of £350,000. The proposal shows an initial yield of just over 8.5%.
Our client advises that VAT is not applicable on this transaction. Your legal advisors should verify.
Each party is to be responsible for their own legal costs incurred in the transaction.