Commercial Property for Sale, Leeds LS11

Commercial Property for Sale, Leeds LS11

Commercial Property for Sale, Leeds LS11

Cardinal Road, Beeston, Leeds, Yorkshire and the Humber, England, LS11 8AL, United Kingdom

Sold

£525,000

Property ID :

 RH-5222-property

Share

Added to Favorite

Favorite

Print

Description

Commercial Property for Sale

**potential gross annual income of £58,631** Lemon Lettings and Sales are pleased to offer for sale these freehold mixed use properties comprising of two shop units and five one bedroom flats all self contained. Prominent location on a busy main road, minutes away from amenities such as White Rose shopping centre, Arlington Business Centre and has good motorway links with the M62. The premises benefit from ample off street parking to the front.

Location:

The properties are situated on cardinal Road, LS11 within a parade of shops, minutes away from the City Centre and A64 junction. Spacious Retail Units within a suburban area surrounded by residential property but is close to the main shopping area along Dewsbury Road and is about 1 mile from the White Rose Shopping Centre.
Accommodation:

Ground floor:

Convenience store / off license (Unit 1):
Ground retail zone A: 61 sq m (656 sq ft)
Ground retail zone B: 30 sq m (323 sq ft)
Ground internal storage: 30.8 sq m (331 sq ft)
Ground internal storage: 9.2 sq m (99sq ft)
Ground internal storage 35.9 sq m (386 sq ft)

Total 166.9 sq m (1796 sq ft)

Unit 2:
Ground retail zone A: 27.7 sq m (298 sq ft)
Ground retail zone B: 14.65 sq m (157 sq ft)
Ground retail area: 10.03 sq m (107 sq ft)
Ground staff toilets: 2.17 sq m (23 sq ft)
Ground kitchen: 3.21 sq m (34 sq ft)

Total 57.76 sq m (621 sq ft)

First floor:

The first floor briefly comprises of five modern one bedroom self contained flats with access from the rear of the building

Tenancy:

Convenience Store / off license (Unit 1) – Currently vacant and advertised to let at £20,800 pa.

Unit 2 is let at £10,400 from 2018 for the years 1 – 3, £13,000 from years 4-6 and option to continue renting the premise at £15,600 thereafter.

The five one bedroom self contained flats are currently generating:
Flat 1: Currently vacant advertised to let at £475 pcm
Flat 2: £6000 pa
Flat 3: £5226 pa
Flat 4: 5280 pa
Flat 5: £5225
Current total: £21,731

Price:

O.I.R.O £525,000

Rateable Value:

The current rateable value on the Valuation Office Agency for:
Convenience Store / off license (Unit 1): £11,086
Unit 2: £4576

Information available at:
Interested parties are advised to make their own enquires in this respect.

Please call us on 0113 873 0122 to arrange a viewing!

Energy performance ratings:

Unit 1: C-66)
Unit 2: C-66)
Flats 1-2: C-68)
Flat 3: C-65)
Flat 4: C-60)
Flat 5: C-60)

Property on Map

Similar Properties

Leave a Reply

Your email address will not be published. Required fields are marked *

By continuing to use the site, you agree to the use of cookies. Privacy Policy

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close