£179,950
Property for saleInvestment Property LS18, Horsforth, West Yorkshire
Just added
Business
Freehold
About this property
Commercial rental income of £14,400 per year
Prominent corner position
Affluent suburb of Horsforth
Established convenience-store tenant
Investment property in Leeds for Sale.
An excellent opportunity to acquire a substantial freehold investment property occupying a highly prominent corner position on the bustling Town Street in the heart of Horsforth, one of Leeds' most sought-after and affluent suburban locations. Benefitting from extensive frontage and strong visibility to passing vehicular and pedestrian traffic, the property enjoys a commanding position within this thriving commercial centre, surrounded by a diverse mix of independent retailers, national operators, residential housing and local amenities.
This attractive mixed-use investment offers purchasers the benefit of an established tenant, immediate rental income and a prime trading location within a consistently popular Leeds suburb. The property is likely to appeal to private investors, pension funds and those seeking a readily manageable asset with future long-term asset management and capital growth potential.
The ground floor is occupied by a well-established convenience store, producing a rental income of £1,200 per calendar month (£14,400 per annum). The accommodation comprises a spacious retail sales area together with ancillary storage space, kitchenette and WC facilities. Further storage is provided within the cellar, offering valuable additional space for the tenant's operational requirements.
The upper parts comprise a self-contained two-bedroom apartment, which has been sold off on a long leasehold interest expiring in 2174, providing the purchaser with a secure reversionary interest and a nominal ground rent income. The residential element is therefore fully managed under separate ownership, presenting a straightforward investment opportunity focused primarily on the commercial income stream.
An excellent opportunity to acquire a substantial freehold investment property occupying a highly prominent corner position on the bustling Town Street in the heart of Horsforth, one of Leeds' most sought-after and affluent suburban locations. Benefitting from extensive frontage and strong visibility to passing vehicular and pedestrian traffic, the property enjoys a commanding position within this thriving commercial centre, surrounded by a diverse mix of independent retailers, national operators, residential housing and local amenities.
This attractive mixed-use investment offers purchasers the benefit of an established tenant, immediate rental income and a prime trading location within a consistently popular Leeds suburb. The property is likely to appeal to private investors, pension funds and those seeking a readily manageable asset with future long-term asset management and capital growth potential.
The ground floor is occupied by a well-established convenience store, producing a rental income of £1,200 per calendar month (£14,400 per annum). The accommodation comprises a spacious retail sales area together with ancillary storage space, kitchenette and WC facilities. Further storage is provided within the cellar, offering valuable additional space for the tenant's operational requirements.
The upper parts comprise a self-contained two-bedroom apartment, which has been sold off on a long leasehold interest expiring in 2174, providing the purchaser with a secure reversionary interest and a nominal ground rent income. The residential element is therefore fully managed under separate ownership, presenting a straightforward investment opportunity focused primarily on the commercial income stream.
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Monthly repayment
£900 per month
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