Property photos
£550,000
(£614.53/sq. ft)
Retail premises for sale
Brudenell Road, Leeds LS6895 sq. ft
Local area information
Property location
Nearby amenities
- Brudenell Primary School 0.1 miles
- Burley Park 0.3 miles
- Spring Bank Primary School 0.4 miles
- Headingley 1.1 miles
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 local area.
Features and description
Location: The subject premises are in the Hyde Park area of Leeds, which is approximately 2 miles north west of the city centre. Brudenell Road itself connects to Cardigan Road and Hyde Park Road. Burley Park train station is in short walking distance and both Leeds University/Leeds Met University are easily accessible.
Description: A four-storey, mid-terrace property under a pitched roof that forms part of a small shopping parade, which includes a Sainsbury Local.
Retail unit: The ground floor and basement are used and occupied by a Greek Food takeaway trading as Mythos.
From the voa website, the Net Internal Area (NIA) is:
Ground Floor Sales: 24.7 m² (265 sq ft) approx.
Ground Floor Kitchen: 16.3 m² (176 sq ft) approx.
Basement Stores: 42.2 m² (454 sq ft) approx.
Total: 83.2 m² (895 sq ft) approx.
Residential flat: Separate rear entrance that provides access to a 3-double bedroom residential flat. Kitchen area to ground floor with stairs leading to a lounge, double-bedroom and bathroom to first floor. Further staircase to two further double bedrooms on second floor.
Currently vacant and has been recently refurbished to include a modern bathroom, new floor coverings (carpet, vinyl and hard flooring) and neutrally decorated throughout. Gas Central Heating system.
Rating: From the voa Rating List - 2023 Rateable Value (rv) for the retail unit is £8,500
This is not what you pay and is eligible for 100% small business rates relief to qualifying Tenants. Interested parties should make their own enquiries with Leeds City Council.
Council tax: We believe the current Council Tax Band for the residential flat is Band A. Interested parties should make their own enquiries with Leeds City Council.
Services: All main services for gas electricity, water and drainage are connected to the property. None have been tested and no warranties given.
Tenancies:
Retail unit: Let to a business trading as Mythos on an Internal Repairing & Insuring (ir) Lease subject to 50% contribution towards the upkeep, maintenance and repair of the building/common items. 5-year term from 05.02.2024. The passing rent is £14,000 per annum exclusive and increases to £15,000 per annum exclusive from 05.02.2027. Further details on request.
Residential flat: Currently vacant but would prove to be suitable for student let/House in Multiple Occupation (HMO). Based on letting each double bedroom at £130 per week, this would generate an annual rental income of approx £20,000.
Planning: To be used as an HMO, the flat would require the relevant planning use/conversion from Leeds City Council although it would not need a HMO Licence as it would fall under the threshold of 5 or more people. See . Interested parties are to make their own enquires.
Tenure: Freehold Interest.
Price: We are inviting offers in the region of £550,000 subject to contract and occupational Lease.
Legal costs: Each party to be responsible for their own legal costs in connection with the sale.
E.P.C: Available on request.
VAT: Not applicable.
Description: A four-storey, mid-terrace property under a pitched roof that forms part of a small shopping parade, which includes a Sainsbury Local.
Retail unit: The ground floor and basement are used and occupied by a Greek Food takeaway trading as Mythos.
From the voa website, the Net Internal Area (NIA) is:
Ground Floor Sales: 24.7 m² (265 sq ft) approx.
Ground Floor Kitchen: 16.3 m² (176 sq ft) approx.
Basement Stores: 42.2 m² (454 sq ft) approx.
Total: 83.2 m² (895 sq ft) approx.
Residential flat: Separate rear entrance that provides access to a 3-double bedroom residential flat. Kitchen area to ground floor with stairs leading to a lounge, double-bedroom and bathroom to first floor. Further staircase to two further double bedrooms on second floor.
Currently vacant and has been recently refurbished to include a modern bathroom, new floor coverings (carpet, vinyl and hard flooring) and neutrally decorated throughout. Gas Central Heating system.
Rating: From the voa Rating List - 2023 Rateable Value (rv) for the retail unit is £8,500
This is not what you pay and is eligible for 100% small business rates relief to qualifying Tenants. Interested parties should make their own enquiries with Leeds City Council.
Council tax: We believe the current Council Tax Band for the residential flat is Band A. Interested parties should make their own enquiries with Leeds City Council.
Services: All main services for gas electricity, water and drainage are connected to the property. None have been tested and no warranties given.
Tenancies:
Retail unit: Let to a business trading as Mythos on an Internal Repairing & Insuring (ir) Lease subject to 50% contribution towards the upkeep, maintenance and repair of the building/common items. 5-year term from 05.02.2024. The passing rent is £14,000 per annum exclusive and increases to £15,000 per annum exclusive from 05.02.2027. Further details on request.
Residential flat: Currently vacant but would prove to be suitable for student let/House in Multiple Occupation (HMO). Based on letting each double bedroom at £130 per week, this would generate an annual rental income of approx £20,000.
Planning: To be used as an HMO, the flat would require the relevant planning use/conversion from Leeds City Council although it would not need a HMO Licence as it would fall under the threshold of 5 or more people. See . Interested parties are to make their own enquires.
Tenure: Freehold Interest.
Price: We are inviting offers in the region of £550,000 subject to contract and occupational Lease.
Legal costs: Each party to be responsible for their own legal costs in connection with the sale.
E.P.C: Available on request.
VAT: Not applicable.
More information
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