Retail premises for sale in Church Lane, Leeds LS28

Location

The property occupies a prominent high-profile position within the centre of Pudsey at the junction of Robin Lane and Church Lane. The property is situated directly opposite Pudsey Town Hall with a number of major national retailers nearby including William Hill, Santander, Boots the Chemist etc.

Pudsey Bus Station is situated nearby on Market Place with new Pudsey Train Station 1½-miles to the west.

Description

The property comprises a large, ground floor former Banking Hall, which has been stripped out, ready to receive a tenants shop fit.

The banking hall, which is divided into several areas, including former offices, toilets etc, has a total net internal area of 201.60 sqm (2,171 sqft) with small basement store beneath.

The property is considered suitable for a wide range of uses, within Class E, or other uses, subject to planning.

Externally, there is a small Car Park area available.

Services

The property benefits from the provision of mains electric, water and drainage.

Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type.

Outgoings

We understand the property to be assessed for Uniform Business Rates as follows:-

Description: Bank and Premises
Rateable Value: £21,250

The Uniform Business Rate for 2023/2024 is 51.2 pence in the £.

Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.

Terms

The property is available to let by way of a new effective full repairing and insuring lease for a term to be agreed. Any term in excess of 3 years will incorporate regular upward only rent reviews.

Rental

£35,000 pa Excl. Plus VAT. Payable Quarterly in advance.

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Energy performance certificate

The Energy Performance Certificate (EPC) rating for the property is:-

D - 89

VAT

All prices and rentals quoted are exclusive of any VAT liability – if applicable.

Anti-money laundering

In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.