Property for sale in York Road, Leeds LS9

Fully Tenanted Investment

Mixed Use property consists of 3 storey accommodation recently renovated to provide:- retail / hot food takeaway use and separately accessed 1st & 2nd floors residential accommodation with 3/4 bedrooms.

The property is approximately 2 miles east of Leeds City Centre and accessed from Ivy Mount with excellent bus links to the city via York Road (A64).

Location

The property is approximately 2 miles east of Leeds City Centre and accessed from Ivy Mount with excellent bus links to the city via York Road (A64). The area provides is a mix of commercial and residential properties.

Description

The property consists of 3 storey accommodation of brick construction under a pitched tiled roof comprising mixed use occupation.

The propery has been recently renovated to provide:-

Ground floor retail / hot food takeaway use with counter area, kitchen walk in refridgeration, preparation rooms and full size lower ground floor for storage and ancillary use.

Separately accessed 1st & 2nd floors residential accommodation with 3/4 bedrooms. Central Heating.

Accommodation

The premises provide the following accommodation:-

Retail unit

Ground floor retail 40.35 m2 434 sq ft
Ground floor Prep area 11.70 m2 126 sq ft
Ground floor cold store 3.69 m2 40 sq ft
Lower Ground floor kitchens & prep 38.00 m2 409 sq ft

Total space 93.75 m2 1009 sq ft

Residential space

First floor kitchen
First floor living room
First floor spare room
First Floor bathroom
Second floor bedroom x3
Second floor shower room

Tenancy

Shop unit with basement:-
Tenanted

Residential:-
Tenented

Subject to Lease Terms:-
6 years Internal repairing & insuring Lease commenced september 2023
£19,800 per annum.

Terms

Offers over £215,000 are invited for the Freehold Interest.

We are informed that VAT is not applicable to this sale.

Business Rates

The property is tenanted as follows:-

According to the Valuation Office Agency website, the current rateable value is:- £3,500 rv.

Subject to 100% Small Business Rates Relief.

Energy Performance Certificate

Energy Performance Certificate for this property is: Rating c-69

This can be viewed on:-

Viewings

For further information or to arrange a viewing, please contact Peter Davies on .

Misrepresentation Act 1967

Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-
1.The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.
2.All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them.
3. No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property.
4.All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary.

Misdescriptions act 1991
These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.

All offers are subject to contract.
Details prepared Novemver 2023.