Playfair Road, Leeds, West Yorkshire
- PROPERTY TYPE
Light Industrial
- SIZE
Ask agent
Key features
- For sale by auction on the 15th May 2024
- Guide price £425,000 +
- Commercial premises
- Ten units & five offices
- Currently generating £77,940 p.a
- Great addition to an investor portfolio
Description
Eight units and two offices are currently occupied generating a gross rental income of £77,940 per annum making this a great addition to a commercial portfolio. We have been advised that the current vendor has been covering the electric and water charges for the building.
The property is located in Hunslet which is two miles south of Leeds City Centre. It has easy access onto the motorway network and a regular bus network and there are local shops and amenities nearby.
Please note: Auction House has been unable to inspect any tenanted units or offices. Additionally, there is a electrical substation located within the property grounds.
ACCOMMODATION
Ground Floor
10 commercial units
First Floor
5 office spaces and a communal shower room
Externally
Yards to the rear and side
Additional Information
Council Tax
Leeds city council
Tenure
Freehold
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Playfair Road, Leeds, West Yorkshire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leeds Station1.5 miles
- Cottingley Station2.3 miles
- Morley Station2.9 miles
About the agent
Auction House, West Yorkshire - Property Auctioneers
First Floor, Caledonia House Lawnswood Business Park Redvers Close Leeds LS16 6QY
Auction House West Yorkshire is part of the national Auction House group and is the leading auctioneer of Residential Property in West Yorkshire. We have maintained a success rate of 85% for several years covering the whole of West Yorkshire including Leeds, Bradford, Halifax, Huddersfield and Wakefield post codes.
As members of the RICS, NAVA, NAEA, ARLA, and the Ombudsman Scheme, we strive to offer the highest levels of customer service
Industry affiliations
Notes
Disclaimer - Property reference AUC240213. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, West Yorkshire - Property Auctioneers. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, West Yorkshire - Property Auctioneers on 0113 519 7217.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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