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Under Offer
£325,000

Design House 3 Hanover Avenue, Leeds

Office

LOCATION

Design House is located within close proximity to Leeds City Centre on Hanover Avenue, just off Hanover Square. The property is within walking distance to the City Centre. The property also benefits from good road links and is situated close to the Leeds inner ring road that provides access to the motorway network.

DESCRIPTION

The property comprises a self-contained 2 storey office building with dedicated car park. Internally the property is open plan and benefits from private offices, kitchen and W/C facilities. The property also benefits from a biomass boiler and solar panels.

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                   740 sqft             (68.8m²)

First Floor                       1054 sqft           (97.9m²)

Second Floor                   435 sqft             (40.4m²)

Total                                    2229 sqft            (207.1m²)

The property benefits from private car parking and can accommodate between 5-7 spaces.

TERMS

The property is offered by way of a new lease at an initial rental of £25,000 per annum. Alternatively, a sale of the freehold may be considered with offers in excess of £325,000. It is understood that VAT is not applicable.

BUSINESS RATES

According to the Valuation Office Agency website, the premises has a current 2017 rateable value of £21,250.  Interested parties are advised to direct further enquiries to the local authority.

For Sale
£325,000

Unit 8 Victoria Court, Leeds

Investment

LOCATION  

Victoria Court is located near the junction of the A643 Victoria Road and Church Street to the top end of Churwell  Hill approximately half a mile from Morley centre and some three miles to the south west of Leeds City Centre.  


DESCRIPTION  

Victoria Court is an attractive, modern office development comprising nine self-contained office buildings set  within a secure, pleasant, landscaped courtyard environment. Unit 8 is a two storey building constructed in  attractive local stone under a single pitched roof with modern double-glazed windows. The specification includes:   

Gas central heating   

Modern suspended ceiling incorporating Cat II lighting   

Carpeting and decorations throughout   

Security alarm   

w/c facilities   

Perimeter trunking   

Kitchen facility  


ACCOMMODATION  

Measured in accordance with the RICS Property Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the office provides the following approximate internal areas of:  

Ground floor 1175 Sq. ft (109.2 Sq. m)  

First floor 1175 Sq. ft (109.2 Sq. m)  

Total: 2360 Sq. ft (218.4 Sq. m)  

The property benefits from 5 parking spaces per floor (10 in total). 


TENURE  

The property is held by way of a long leasehold interest with a term of 999 years from 1992. The owner is  responsible for a proportion of Estate Service Charge to maintain the common areas.  The property is occupied by way of the following under leases:   

Ground Floor is let to Legal & General until Jan 2023 at current passing rent of £11,400 pa  (£9.70 psf)   

First Floor is let to Corps Security Ltd which expires in April 2022 at a current passing rent of  £11,400 pa (£9.70 psf). The tenant has agreed a lease renewal from 10th April 2022 for a  term of 5 years at £13,000 pa.  The total income from April 2022 is £24,800 pa. VAT is applicable.    


TERMS  Our Client’s Long Leasehold interest is offered for sale at a guide price of £325,000 plus VAT. VAT is applicable  on this property. 


BUSINESS RATES  According to the Valuation Office Agency website, the property has current 2017 Rateable Values of: 

Ground floor £8,900.00  

First floor £8,900.00

For Sale
£240,000

Unit 5 Victoria Court, Leeds

Investment

LOCATION 

Victoria Court is located near the junction of the A643 Victoria Road and Church Street to the top end of Churwell  Hill approximately half a mile from Morley centre and some three miles to the south west of Leeds City Centre.  


DESCRIPTION  

Victoria Court is an attractive, modern office development comprising nine self-contained office buildings set  within a secure, pleasant, landscaped courtyard environment. Unit 5 is a two storey building constructed in  attractive local stone under a single pitched roof with modern double-glazed windows. The specification includes:   

Gas central heating   

Modern suspended ceiling incorporating Cat II lighting   

Carpeting and decorations throughout   

Security alarm   

w/c facilities   

Perimeter trunking   

Kitchen facility  


ACCOMMODATION 

Measured in accordance with the RICS Property Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the office provides the following approximate internal areas of:  

Ground floor 964 Sq. ft (90.5 Sq. m)  

First floor 888 Sq. ft (82.5 Sq. m)  

Total: 1852 Sq. ft (172.1 Sq. m)  

The property benefits from 5 parking spaces in total.  


TENURE  

The property is held by way of a long leasehold interest with a term of 999 years from 1992. The owner is  responsible for a proportion of Estate Service Charge to maintain the common areas.  The property is occupied by way of the following under leases:   

Ground Floor is let to Springfield Training Ltd with the lease guaranteed by Personal Track Safety Ltd.  Rent is £9,800 pa plus VAT. The tenant has just renewed the lease for a term of 5 years from 1st April  2022. The lease benefits from a tenants option to break at the end of the third year (April 2025) and  rent review should the lease continue. They benefit from 3 parking spaces   

First Floor is let to Capital Management CFP Ltd, but by way of a Licence to Occupy at a rent of £10,600  pa plus VAT. Tenancy expired March 2020. They benefit from 2 parking spaces.  The entire building is let at a current total passing rent of £20,400 per annum (£11 per square foot.)  


TERMS  

Our Client’s Long Leasehold interest is offered for sale at a guide price of £240,000 plus VAT. VAT is applicable  on this property. 


BUSINESS RATES  

According to the Valuation Office Agency website, the property has current 2017 Rateable Values of:  

Ground floor £6,900.00  

First floor £6,500.00

For Sale
£225,000

66/66a Lowtown, Leeds

Investment

LOCATION

The property is located fronting Lowtown which is one of

the main routes through the centre of Pudsey Town. The

surrounding area offers a mixture of commercial and

residential properties.


DESCRIPTION

The property comprises a two storey mid-terrace, stonebuilt building under a pitched roof. It is street lined

fronting Lowtown and has a small rear yard providing

access to the self-contained upper floor flat.

The property is understood to have been used for many

years as a fish and chip shop and is currently vacant and

ready for refurbishment. Internally, the ground floor

comprises a front sales area, rear preparation area and a

single storey annex providing additional storage space.

There is a single WC and small basement area. The first

floor comprises a self-contained separately accessed one

bedroom flat with access to the rear.


ACCOMMODATION

Measured in accordance with the Royal Institute of

Chartered Surveyors code of measuring Practice (6th

Edition) the commercial element of the property provides

the following floor areas :-

Front Sales 309ft² (28.7m²)

Rear Sales 242ft² (22.5m²)

Annex 107ft² (10m²)

Total 658ft² (61.1m²)

The first-floor residential compartment comprises one

double bedroom, lounge/kitchen and bathroom.


TERMS

The property is offered on a freehold basis with full vacant

possession at a guide price of £225,000. It is understood

that VAT is not applicable on this property.


BUSINESS RATES/COUNCIL TAX

According to the Valuation Office Agency website, the

premises has a current 2017 rateable value of £8,400. The

first-floor flat falls under Council Tax Band A Interested

parties are advised to direct further enquiries to the local

authority.

For Sale
£215,000

Unit 7 Victoria Court, Leeds

Investment

LOCATION 

Victoria Court is located near the junction of the A643 Victoria Road and Church Street to the top end of Churwell  Hill approximately half a mile from Morley centre and some three miles to the south west of Leeds City Centre.  


DESCRIPTION  

Victoria Court is an attractive, modern office development comprising nine self-contained office buildings set  within a secure, pleasant, landscaped courtyard environment. Unit 7 is a two storey building constructed in  attractive local stone under a single pitched roof with modern double-glazed windows. The specification includes:   

Gas central heating   

Modern suspended ceiling incorporating Cat II lighting   

Carpeting and decorations throughout   

Security alarm   

w/c facilities   

Perimeter trunking   

Kitchen facility  


ACCOMMODATION  

Measured in accordance with the RICS Property Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the office provides the following approximate internal areas of:  

Ground floor 859 Sq. ft (79.8 Sq. m)  

First floor 754 Sq. ft (77.01 Sq. m)  

Total: 1613 Sq. ft (149.6 Sq. m)  

The property benefits from 5 parking spaces  


TENURE  

The property is held by way of a long leasehold interest with a term of 999 years from 1992. The owner is  responsible for a proportion of Estate Service Charge to maintain the common areas.  The property is occupied by way of the following under leases:   

Ground Floor is let to Brazier Consulting Services Ltd at a rent of £7,600 plus vat pa. The lease is for a  term of 5 years expiring September 2024. There is a rent review in Sept 2022. There is a tenants option  to break at Sept 2022, with no less than 6 months prior written notice.   

First Floor is under offer for a 5 year lease (no break) to Springfield Training Ltd with rent free until  April 2022 at a rental of £8,000 pa to Springfield Training Ltd.  The total income is £15,600 pa (all plus VAT).  


TERMS  

Our Client’s Long Leasehold interest is offered for sale at a guide price of £215,000 plus VAT. VAT is applicable  on this property. 


BUSINESS RATES  According to the Valuation Office Agency website, the property has current 2017 Rateable Values of: 

Ground floor £5,800.00  

First floor £5,500.00

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