The property is located fronting Town Street within an established parade of similar properties. This location is slightly to the east of Stanningley centre and provides excellent and easy access to the A647 Stanningley Bypass. Description
The property comprises a mid-terraced 3-storey building with office/retail space at ground and lower ground floor, and a separately-accessed selfcontained 1-bedroom flat over first and second floors. The property also benefits from a single detached garage to the rear. Accommodation
Measured in accordance with the RICS Property Measurement Standards, the commercial element of the property provide the following approximate net internal areas:- Lower Ground Floor 355 sq ft (32.9m²) Ground Floor 372 sq ft (34.6m²) Total 727 sq ft (67.5m²) The upper floor flat comprises entrance lobby, stairs to first floor landing with lounge, kitchen with integrated over, hob and extractor and bathroom with separate shower unit. Stairs then lead to a double bedroom in a converted attic space. Terms
The property for sale on a freehold basis subject to an existing lease of the ground/lower ground floors at a current passing rental of £4,750 p.a. The 1-bedroom upper floor flat is currently vacant. It is offered at a guide price of £145,000. It is understood that VAT is not applicable on this property. Business rates
According to the Valuation Office Agency website, the commercial element has a current 2017 Rateable Value of £4,100. The flat has a current Council Tax banding of A. Interested parties are advised to direct further enquiries to the local authority.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.