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***UNIQUE INVESTMENT OPPORTUNITY***

FULLY LET MIXED USE DEVELOPMENT***

An imposing 3 storey stone built terraced property

under a pitched slate covered roof comprising 3

retail units, 15 apartments and a workshop unit that

are all fully let. The retail shops are occupied by

Westmoreland Coffee shop, Soul beauty studio and

a tutoring centre (let agreed and in legals). The 15

residential apartments range from a studio with

combined living room/ bedroom, 1 bed and 2 bed

apartments and a 2 bed maisonette. To the rear of

the property is an enclosed yard within which is a

self contained workshop unit. Call us now for more

information.

￭Unique Investment Opportunity

￭Mixed Use Investment Opportunity

￭First Time To Market In Over 55 Years

￭3 Retail Units, 15 Apartments & A Workshop Unit

￭Large Basement With Potential

￭Fully Let - Income £118,620 pa

￭VAT Not Applicable

￭No Onward Chain

￭EPC - Available on Request

LOCATION

The property is located prominently fronting the

corner of Westmoreland Street and Mowbray

Square, close to the junction with the Skipton Road

(A59) and Myrtle Road. This is a well established

retailing area and residential district which is within

10 minutes walk of Harrogate Town Centre and in

easy reach of Harrogate Hospital and the Stray.

DESCRIPTION

An imposing 3 storey stone built terraced property

under a pitched slate covered roof comprising 3

retail units, 15 apartments and a workshop unit that

are all fully let. The retail shops are occupied by

Westmoreland Coffee shop, Soul beauty studio and

a tutoring centre (let agreed and in legals). The 15

residential apartments range from a studio with

combined living room/ bedroom, 1 bed and 2 bed

apartments and a 2 bed maisonette. To the rear of

the property is an enclosed yard within which is a

self contained workshop unit.

PRICE

The property is offered on a freehold basis subject

to the existing tenancies at a guide price of

£1,500,000. VAT is not applicable on the sale of this

property.

Location

The premises are located spanning Walter Street and Weaver Street, just off Kirkstall

Road (A65), approximately 1-mile West of Leeds City Centre. The surrounding area is a

mix of commercial and industrial buildings and is within easy reach of local amenities,

main arterial routes around Leeds and the motorway network beyond.

Description

The premises are constructed of a steel portal frame with brick outer walls and steel

profile cladding. The western elevation is predominantly glazed providing a good level of

natural light to the accommodation. The ground floor space is split with one side

benefiting from an eaves height of 7m and the part under the first floor office

accommodation has an eaves height of 3.75m. The first floor office space provides a

mixture open plan and cellular offices with meeting rooms, staff canteen and WCs.

Accommodation

Measured in accordance with the RICS property measurement (incorporating International

Property Measurement Standards) 1st Edition, May 2015, the accommodation provides the

following approximate gross internal areas:

Ground Floor 11,840 sq ft (1,100 sq m)

First Floor 6,025 sq ft (559,7 sq m)

TOTAL 17,865 sq ft (1659.7 sq m)

Externally there is a dedicated loading area/yard on the Weaver Street frontage which

could also provide some dedicated parking. Additional unrestricted parking is available on

surrounding streets also.

Terms

The property is offered for sale on a freehold basis with full vacant possession at a guide

price of £1,100,000. This price is quoted exclusive of VAT which is applicable on this

property.

Business Rates

The property is due to be reassessed by the Valuation Office. Interested parties are

advised to make their own enquiries in this respect.

LOCATION

The property is located on the Flemming Court office

development accessed off Whistler Drive which is

within close proximity of Xscape Yorkshire and Junction

32 Retail Park. The location benefits from being in

close proximity to both M1 and M62 motorways and is

approximately to the north-east of Wakefield and 14

miles south-east of Leeds.

DESCRIPTION

The property comprises a self-contained detached

office over 2 floors incorporating double-glazed uPVC

windows beneath a pitched slate roof. Externally there

is shared courtyard car parking in landscaped grounds.

Internally the property predominately open plan office

accommodation benefitting from raised access floors,

LED lighting, comfort cooling and an accessibility lift.

ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International Property

Measurement Standards) 1st Edition, (IPMS: OFFICE

BUILDINGS) May 2015, the unit provides the following

approximate internal areas:

Ground floor 2516 sq ft (233.8m²)

First floor 2613 sq ft (242.8m²)

Total 5129 sq ft (476.6m²)

The property benefits from 26 allocated on-site car

parking spaces.

TERMS

The property available to let on a full repairing and

insuring lease for a minimum term of 5 years at an

initial rental of £70,000 plus VAT p.a. exclusive.

Alternatively the property may be available on a

freehold basis with full vacant possession at a guide

price of £875,000 plus VAT.

BUSINESS RATES

According to the Valuation Office Agency website, the

premises has a current 2017 Rateable Value of

£35,500. Interested parties are advised to direct

further enquiries to the local authority.

LOCATION

The property is prominently located fronting Wide Lane close to its junction with the A653 Dewsbury Road.

This location is approximately ½mile from J28 of the M62 motorway. A new McDonalds drive-through

restaurant is being converted immediately next-door on the site of the former public house.

DESCRIPTION

The property comprises a detached bungalow occupying a site with a total area of approximately 1.55 acres

(0.63 hectares). There is an access driveway, formal gardens, detached barn with concrete forecourt,

paddocks and woodland.

ACCOMMODATION

The bungalow briefly comprises lounge, kitchen, 2 bedrooms, and bathroom. There is an externally accessed

boiler room and separate storeroom. A detached single garage and a detached barn to the rear.

TERMS

The property is offered for sale on a freehold basis with full vacant possession at a guide price of £425,000.

It is understood that VAT is not applicable on this property.

Location

Situated within Thornton's Arcade which links the

prime areas of Lands Lane and Briggate within Leeds

city centre. The property is located in the centre of the

Arcade and nearby occupiers include Starbucks, West

Row, Dune, Bagel Nash, and Ann Summers, along with

an eclectic mix of retail and café operators.

Description

The property comprises a ground floor retail shop with

additional first floor retail space and second floor

storage, kitchenette and staff WC. The unit benefits

from an internal electric roller shutter to the shop

front.

Accommodation

Measured in accordance with the Royal Institution of

Chartered Surveyors Code of Measuring Practice 6th

Edition the unit provides the following approx. net

internal areas:

ground floor: 236 sq ft (21.9m²)

first floor: 186 sq ft (17.3m²)

second floor: 177 sq ft (16.4m²)

Total: 599 sq ft (55.6m²)

Terms

The property is available by way of a new lease on full

repairing and insuring terms for a minimum certain

term of 3 years. The initial rental will be £21,000 p.a.

exclusive. Our client will consider the sale of their

freehold interest in the property with full vacant

possession at a guide price of £350,000. It is

understood that VAT is not applicable on the sale of

this property

Business Rates

According to the Valuation Office Agency website, the

premises has a current 2017 rateable value of

£13,750. Interested parties are advised to direct

further enquiries to the local authority.

LOCATION

The property is situated fronting New Road Side

(A65), which is the main arterial route to the west of

Leeds, linking it with the north-west suburbs. The

unit is located within a well-established and busy

retail parade.

DESCRIPTION

A 2-storey semi-detached property comprising ground

floor retail space, with internal staircase leading to

additional sales at first floor level with storage. There

is a basement providing additional storage and staff

welfare facilities. A semi-permanent steel container

has been linked to the rear of the building, providing

further dry secure storage. The property benefits

from a long plot which already provided a number of

allocated parking spaces, with potential for additional

car parking to be created and/or the potential for

extension (STP).

ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International Property

Measurement Standards) 1st Edition, May 2015, the

unit provides the following approximate internal

areas:

ground floor 264 sq ft (24.5m²)

first floor 338 sq ft (31.4m²)

lower ground floor 131 sq ft (12.1m²)

total 733 sq ft (68.1m²)

TERMS

The property is offered for sale on a freehold basis

with full vacant possession, at a guide price of

£275,000. It is understood that VAT is not

applicable on the sale of this property.

BUSINESS RATES

According to the Valuation Office Agency website, the

premises has a current 2017 rateable value of

£12,250. Interested parties are advised to direct

further enquiries to the local authority.

LOCATION

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.

DESCRIPTION

A 2-storey mid-terraced characterful property comprising ground floor retail space, let to an established café operator. At first floor level there is residential accommodation which is newly refurbishment and provides a large 1-bedroom flat.

TENANCIES

The shop is let by way of a 10-year lease dated 1^st January 2019 at a current passing rent of £13,000 p.a.

The upper floor flat is newly refurbished and is currently let for a 12-month term until 30^th December 2021 at £575pcm.

TERMS

The property if offered on a freehold basis subject to existing tenancies as outlined above, at a guide price of £250,000.  It is understood that VAT is NOT applicable on this property. 

 

BUSINESS RATES

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.

LOCATION

The property is located fronting Otley Old Road in the

popular north Leeds suburb of Cookridge and lies within

an established retail parade containing other occupiers

such as convenience store, café bar and Post Office. The

main local Doctors Surgery and primary school are located

immediately opposite.

DESCRIPTION

A mid-terrace property with accommodation over 3 floors.

The commercial element comprises a ground floor retail

shop which has an open plan sales area and rear office

and kitchenette. Lower ground floor storage is accessed

from within the shop but has separate external access at

the rear, and also contains a WC. The first floor flat is

self-contained with access from the rear and comprises an

entrance hall and kitchen on the ground floor with stairs

leading to first floor lounge, two double bedrooms and

bathroom. To the rear of the property there is a single

lock-up garage.

ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International Property

Measurement Standards) 1st Edition, May 2015, the

commercial element provides the following approximate

net internal areas:

ground floor shop 523 sq ft (48.6m²)

basement 133 sq ft (12.3m²)

TERMS

The property is offered on a freehold basis at a guide price

of £225,000. The commercial element of the property is

to be sold with vacant possession and the first floor flat is

let on a periodic assured shorthold tenancy at a current

passing rent of £450 pcm to include water rates. It is

understood that VAT is NOT applicable on this property.

BUSINESS RATES/COUNCIL TAX

According to the Valuation Office Agency website, the

commercial premises has a current 2017 rateable value of

£8,200. The upper floor flat has a council tax rating of

Band A. Interested parties are advised to direct further

enquiries to the local authority.

LOCATION

The property is located on the corner of Rose Avenue

and New Road Side (A65), with the prominent

frontage to the main road. The building is directly

opposite a busy and well established retail parade and

within the densely populated and affluent area of

Horsforth.

DESCRIPTION

A two storey end of terrace stone built property which

has latterly been used for many years as a Veterinary

Surgery. The accommodation is over 4 floors with

useful converted attic and basement storage space

included. The building offers the potential for a

variety of commercial uses or possibly residential

conversion, subject to planning.

ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International Property

Measurement Standards) 1st Edition, May 2015, the

unit provides the following approximate internal areas:

ground floor 236 sq ft (21.9m²)

first floor 202 sq ft (18.8m²)

second floor 226 sq ft (21m²)

basement 57 sq ft (5.3m²)

total 721 sq ft (67m²)

PRICE

The property is offered for sale on a freehold basis with

full vacant possession at a guide price of £195,000.

It is understood that VAT is not applicable on this

property.

BUSINESS RATES

According to the Valuation Office Agency website, the

premises has a current 2017 Rateable Value of

£5,000. Interested parties are advised to direct

further enquiries to the local authority.

LOCATION

The property occupies a prominent position on

North Lane, close to its junction with Cardigan

Road and Kirkstall Lane within the popular North

Leeds suburb of Headingley.

DESCRIPTION

The newly renovated property comprises a single storey retail unit

providing open plan sales area. The property has

recently been let on a 3-year lease commencing

1st September 2019 at a rental of £12,000 p.a.,

payable monthly in advance. There is no VAT

applicable on this property. The tenant is an

existing Limited Company, the rent is personally

guaranteed and there is a 3-month rent deposit

held by the current landlord.

ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International

Property Measurement Standards) 1st Edition,

May 2015, the unit provides an approximate net

internal area of 329 sq ft (30.6m²).

PRICE

The property is offered for sale on a freehold

basis subject to the existing lease outlined above,

at a guide price of £155,000. VAT is understood

to not be applicable on this property.

BUSINESS RATES

According to the Valuation Office Agency website,

the premises has a current 2017 rateable value

of £11,500. Interested parties are advised to

direct further enquiries to the local authority.

LOCATION

 

The site is located prominently fronting Prospect Road in central Ossett. This location is immediately adjacent to the town bus station and opposite Ossett Town football club.

DESCRIPTION

 

A freehold site extending to approximately 0.07 acres (0.03 hectares) which fronts Prospect Road and is bounded by a public footpath to the front and the car park of a retail warehouse to the rear. The site is level and predominantly grassed at present.

PLANNING

 

The site has planning permission for a mixed-use development comprising two shop units at ground floor level, 1 no 2-bed apartment and 1 no 1-bed apartment at first floor and 1 no. 2-bed apartment at second floor. The planning consent reference is 16/01208/FUL and further details are available on the Wakefield MDC Planning Portal.

TERMS

 

The site is offered for sale on a freehold basis subject to the above planning consent at a guide price of £150,000. It is understood that VAT is not applicable on this sale.

LOCATION

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 self-contained

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 two

existing leases of the ground/lower ground floors at a

current passing rental of £4,750 p.a. The 1-bedroom

upper floor flat is also let at a current passing rental of

£6,000 p.a. achieving a total rent of £10,750 p.a. 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.