Light industrial for sale in Playfair Road, Leeds, West Yorkshire LS10

Guide price £425,000
Interested in this property? Call +44 113 427 6118 * or Request Details

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Light industrial for sale

Property features

  • For sale by auction on the 15th May 2024
  • Guide price £425,000 +
  • Commercial premises
  • Ten units & five offices
  • Currently generating £77,940 p.a
  • Great addition to an investor portfolio

Property description

These commercial premises are split into ten units and five office spaces with outside grounds and are offered for sale via auction.

Eight units and two offices are currently occupied generating a gross rental income of £77,940 per annum making this a great addition to a commercial portfolio. We have been advised that the current vendor has been covering the electric and water charges for the building.

The property is located in Hunslet which is two miles south of Leeds City Centre. It has easy access onto the motorway network and a regular bus network and there are local shops and amenities nearby.

Please note: Auction House has been unable to inspect any tenanted units or offices. Additionally, there is a electrical substation located within the property grounds.

Accommodation

Ground Floor

10 commercial units

First Floor

5 office spaces and a communal shower room

Externally

Yards to the rear and side

Additional Information

Council Tax

Leeds city council

Tenure

Freehold

Charges And Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Arrange Viewing

For more information about this property, please contact
Auction House West Yorkshire, LS16 on +44 113 427 6118 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House West Yorkshire, and do not constitute property particulars. Please contact Auction House West Yorkshire for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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