The property is situated in the historic West Yorkshire
market town of Morley, about 5 miles south-west of
Leeds city centre. Queen Street is the main shopping
street in Morley and is part-pedestrianised. The
subject property is on the pedestrianised section,
between Hope Street and Peel Street, with a public
short-stay car park to the rear.
A 2-storey mid-terraced characterful property
comprising ground floor retail space, let to an
established café operator and at first floor level a selfcontained
2-bedroomed apartment with separate
access from the rear. Internally, the apartment
comprises open-plan kitchen/lounge, two double
bedrooms, and bathroom with 3-piece suite.
The shop is let by way of a 10-year lease dated 1st
January 2019 at a current passing rent of £13,000
The upper floor flat is let by way of an Assured
Shorthold Tenancy for a term of 12 months from 1st
June 2019 at a current passing rent of £510 pcm
The property if offered on a freehold basis subject to
existing tenancies as outlined above, at a guide price
of £240,000. It is understood that VAT is NOT
applicable on this property.
According to the Valuation Office Agency website, the
premises has a current 2017 Rateable Value of
£9,500. Interested parties are advised to direct
further enquiries to the local authority.