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Commercial Property for sale

Croft House Court, Pudsey

Offers in Region of 2,207 sq. ft. | £495,000

Property Description

Commercial information

  • 2,207 sq ft (205 sq m)

Full description

Tenure: Freehold

LOCATION
The property is situated with frontage to Croft House Court, immediately to the East of its junction with Richardshaw Lane, Close to the A647 Stanley bypass, approximately half a mile North of Pudsey town centre. Stanningley bypass [A547] gives easy access to both Leeds and Bradford together with Junction 1 of the M621 which is approximately 3.5 miles to the south east.

Pudsey has an extensive range of amenities, with the city of Leeds situated approximately 6 miles due East and the city of Bradford situated approximately 5 miles due West. Public transport infrastructure is provided by regular bus routes and both New Pudsey and Bramley Railway Station which lie due West and East respectively.

DESCRIPTION
Croft House comprises a double fronted period detached property extending to 2 storeys height and of coursed stonework wall elevations with feature detailing and bay window frontage, surmounted by a hipped and pitched slate covered roof.

The property previously provided self-contained office accommodation and following redevelopment from the current owner under the permitted development for change of use to residential the property now provide residential accommodation. Briefly comprising, six flats arranged and one annexe over two floors with separate access to the annexe.

Externally the premises have a forecourt garden mainly laid to lawn and tarmacadam surfaced car parking which is accessed we understand via a right of way from North Street immediately to the rear.

ACCOMMODATION
PROPERTY REF| LOCATION | ACCOMMODATION TYPE| SQ M | SQ FT|
Apartment 1 Ground Floor Studio 15.96 172
Apartment 2 Ground Floor 1 Bed 19.78 213
Apartment 3 Ground Floor Studio 21.76 234
Apartment 4 First Floor 1 Bed 22.76 245
Apartment 5 First Floor Studio 31.07 334
Apartment 6 First Floor Studio 22.05 237
The Annexe GF & FF 2 Bed End Terrace 71.67 771
TOTAL 204.94 2,207

AMENITIES
A full repairing and insuring Lease for a term of three years from 15th March 2016 with Halo Housing Association Limited.
LEASE

The landlord and Tenant ACT 1954, provisions of 24 to 28 inclusive are excluded in relation to the Lease

The investment is currently producing an annual rent of £38,500 per annum, exclusive.

A copy of the lease will be made available following the initial consultation.

SERVICES
COVENANT

Halo Housing Association Limited was formed in 2011 and has developed a number of supported living schemes. They provide accommodation for individuals with learning disabilities, mental illness and Autism

TERMS
The property is available at a purchase price of £495,000.

A purchase at this level reflects a Net Initial Yield of 7.38%, assuming standard purchasers costs of 5.42%.

VAT
We understand the property is not presently elected for VAT however the owner reserves the right to charge VAT should they choose to do so. All figures are quoted net of VAT.

LEGAL COSTS
Each party will be responsible for their own legal costs.

PLANNING
The existing planning use is likely to fall within Class C3 of the Town and Country Use Classes Order 1987 as amended.

Interested parties should satisfy themselves by way of enquiry to the Local Authority, Leeds City Council that their proposed use is acceptable.

VIEWING
By prior telephone appointment through the agents on a restrictive basis due to the current occupation.
Contact:

Daniel Knowles Tel 01924 299494
Email: daniel@holroydmiller.co.uk


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • New Pudsey (0.8 mi)
  • Bramley (1.1 mi)
  • Kirkstall Forge (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Holroyd Miller, Wakefield

70 Northgate Wakefield WF1 3AP

01924 767176 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • New Pudsey (0.8 mi)
  • Bramley (1.1 mi)
  • Kirkstall Forge (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Holroyd Miller, Wakefield

70 Northgate Wakefield WF1 3AP

01924 767176 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101245007737. 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 Holroyd Miller, Wakefield. 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.

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