RETAIL INVESTMENT Westfield Fisheries, 5 New Road, Leeds, West Yorkshire, LS19

LOCATION

The property is located on New Road in Yeadon - the A65 between Rawdon to the south and Guiseley to the north.

Yeadon town centre lies half a mile to the east. The area is predominantly residential with occasional commercial uses along the A65.

The property lies on the south side of the road at its junction with Westfield Avenue.

DESCRIPTION

Westfield Fisheries is an extended semi detached retail property of brick construction and sitting under twin pitched roofs covered with tiles. To the front and side is a large car park for customer parking.

Internally the shop is divided to offer a take away to the front and with a food preparation area behind. To the side is a large dining area capable of being operated as a restaurant but currently offered to take away customers to eat in.

At first floor are WC's, an office and store rooms.

ACCOMMODATION

The property is divided to provide the following approximate areas:

DESCRIPTION
GROUND FLOOR
Take Away Sales
Food Prep
Food Store
Lobby
Restaurant

FIRST FLOOR
Office, Stores & WC's

1,500 Sq ft

RATING

The property has a Rating Assessment of £8,900 in the 2023 Rating List, although with a Rateable Value under £12,000, it should benefit from 100% Small Business Relief.

EPC

EPCs can be made available upon request.

TENURE & TERMS

5 New Road is let by way of a renewed lease dated 30 July 2021 and for a term of ten years expiring on 2 April 2031 at a current rent of £13,000 per annum.

It is offered for sale freehold and subject to the tenancy and offers are invited in excess of £200,000 showing a purchaser a gross yield in the region of 6.5%.

VIEWING AND FURTHER INFORMATION

For further information and to make arrangements to view, please contact
Tapp Chartered Surveyors on .
SUBJECT TO CONTRACT

Details prepared September 2024