Guide price
£174,500
(£240.69/sq. ft)
Restaurant for saleMercury Row, Otley LS21
725 sq. ft
Just added
About this property
Location
Otley is a thriving market town, located 12 miles north west of Leeds. The property is located just off the prime retail area of Kirkgate on Mercury Row, a busy thoroughfare leading to the bus station.
Description
9 Mercury Row is an attractive stone- built property arranged over ground and first floors. Currently used as a café, the ground floor is laid out with tables and seating to the front and retail counter area with a separate area to the rear incorporating utility / W.C.
The first floor is open plan and provides additional seating.
Accommodation
The property has the following approximate dimensions and areas:-
The ground floor sales area extends to 330 sq. Ft. (31 sq. M)
The ground floor utility area extends to 70 sq. Ft. (7 sq. M)
First Floor area extends to 325 sq. Ft. (30 sq. M)
A total of 725 sq. Ft (68 sq. M)
Specification
Laminate wood flooring
Fully fitted as a café
Good natural light
Staff area / W.C.
Rear access / Loading area
Car Parking
Lease
The property is currently let on a 10-year lease expiring March 2032 at a rent of £10,800 p.a. There is a mutual break clause in March 2027.
Terms
The property is offered for sale subject to the existing lease. The guide price is £174,500.
Rateable value
According to the Rating List, the property has a rateable value of £5,700.
EPC
The current EPC is valid until August 2031. The rating is ‘D’.
VAT
The property is not VAT registered.
Legal costs
Each party responsible for their own legal costs.
Otley is a thriving market town, located 12 miles north west of Leeds. The property is located just off the prime retail area of Kirkgate on Mercury Row, a busy thoroughfare leading to the bus station.
Description
9 Mercury Row is an attractive stone- built property arranged over ground and first floors. Currently used as a café, the ground floor is laid out with tables and seating to the front and retail counter area with a separate area to the rear incorporating utility / W.C.
The first floor is open plan and provides additional seating.
Accommodation
The property has the following approximate dimensions and areas:-
The ground floor sales area extends to 330 sq. Ft. (31 sq. M)
The ground floor utility area extends to 70 sq. Ft. (7 sq. M)
First Floor area extends to 325 sq. Ft. (30 sq. M)
A total of 725 sq. Ft (68 sq. M)
Specification
Laminate wood flooring
Fully fitted as a café
Good natural light
Staff area / W.C.
Rear access / Loading area
Car Parking
Lease
The property is currently let on a 10-year lease expiring March 2032 at a rent of £10,800 p.a. There is a mutual break clause in March 2027.
Terms
The property is offered for sale subject to the existing lease. The guide price is £174,500.
Rateable value
According to the Rating List, the property has a rateable value of £5,700.
EPC
The current EPC is valid until August 2031. The rating is ‘D’.
VAT
The property is not VAT registered.
Legal costs
Each party responsible for their own legal costs.
Mortgage calculator
Monthly repayment
£872 per month
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