£315,000

Retail premises for sale

  1.  Img_0869.Jpg
  2.  Img_0868.Jpg
  3.  Img_0867.Jpg
Freehold

£315,000

(£875.00/sq. ft)

Retail premises for sale

Burley Road, Leeds LS3

360 sq. ft

Local area information

Property location

Nearby amenities

  • Rosebank Primary School 0.1 miles
  • Burley St Matthias Church of England Voluntary Controlled Primary School 0.7 miles
  • Burley Park 0.7 miles
  • Leeds 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leeds to find out more about the area.

Features and description

  • Freehold
  • Mixed-Use Investment
  • Fully Let
  • 266 sq ft - Ground Floor Retail
  • 2 Bedroomed Duplex Accommodation
Stoneacre Properties are delighted to offer this fully let mixed-use property providing ground floor retail shop unit and separate duplex 2 bed apartment on Burley Road, within the Hyde Park area of Leeds with easy access towards Kirkstall and Leeds City Centre of Leeds.

Location

The property is located on Burley Road and forms part of a busy shopping parade catering for a high density student population within the Hyde park area of Leeds with easy access towards Kirkstall and Leeds City Centre.

On the opposite side of the road are the Yorkshire Television and Emmerdale studios.

Description

The property is of brick construction under a slate pitched roof within an established parade. The ground floor provided retail accommodation and first and second floors provide 2 bedroomed residential accommodation separately accessed from the rear of the property.

Accommodation

The property provides the following accommodation:-
Ground floor retail

G/F front area 108 sq ft 10.07 m2
G/F rear area 158 sq ft 14.65 m2

G/F total 266 sq ft 24.72 m2

plus
Basement with WC 418 sq ft 38.87 m2

1st & 2nd floor duplex residential
Hall stairs & landing, living room, kitchen, bathroom & 2 x bedrooms.

Plus shared rear yard.

Terms

The Freehold interest of this property is available at £315,000.

Vat is not chargeable on the rent.

Tenancy

The property is tenanted as follows:-
Ground floor retail

4 year Lease from 1st Aug 2023
£12,000 per annum plus 5% management contribution

1st & 2nd floor duplex residential
Exisiting Tenant vacating Oct 2023
New Tenancy to commenced early Nov 2023 with rental £850 per month.

Annualised income £22800pa

Business Rates

The property has been assessed by the Valuation Office Agency in £3,450 rv
Ground floor retail

Subject to 100% Small Business Rate Relief - Zero amount payable - subject to status.

1st & 2nd floor duplex residential
Council tax band B

Interested parties are advised to make their own enquiries in this respect.

Energy Performance Certificate

Energy Performance Certificate for this property is: Rating d-85

This can be viewed on

Viewings

For further information or to arrange a viewing, please contact:-
Peter Davies - Tel:

Misrepresentation Act

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 or lease.
Details prepared September 2023

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Stoneacre Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stoneacre Properties for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Leeds
  5. Burley Road

© 2024 Zoopla Limited. All rights reserved.

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.