7 Crosshills Kippax, Leeds

Asking price of £195,000
For Sale

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The premises are located within the heart of Kippax  adjacent to the roundabout at the junction between Crosshills, High Street, and Leeds Road.  


The premises a large single storey retail/showroom  property within which most of it is open plan sales  space with some additional storage and staff  facilities. There is a small forecourt providing  loading/customer parking.  


Measured in accordance with the RICS Property  Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the  unit provides a net internal floor area of 1745 sq ft  (162.1 sqm).  


The lease has recently been renewed in January  2021 for a term of 10 years, with tenants options to  break at the end of the 3rd and 6th years. The  current passing rent for years 1 and 2 is £9,500 pa,  and in years 3, 4 and 5 the rent shall increase to  £10,500 pa.  


The property is offered on a freehold basis subject  to the above lease for offers in excess of £195,000.  It is understood that VAT is not applicable. 


According to the Valuation Office Agency website,  the premises has a current 2017 rateable  value of £10,250. Interested parties are advised to  direct further enquiries to the local authority.

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