3 bedroom mixed use for sale

Stoney Rock Lane, Leeds, West Yorkshire, LS9

Offers in Region of £157,500

Property Description

Key features

  • Tenanted mixed use investment
  • 999 Year Leasehold

Full description

Tenure: Leasehold

LOCATION
The property is located on Stoney Rock Lane close to Arcadia Group Headquarters.


DESCRIPTION
The property comprises an end of terrace brick built 2-storey building formatted into 2 ground floor shops and 1st floor residential accommodation.


ACCOMMODATION
The retail area is split into a convenience store and separate hair salon provides the following accommodation:-

Ground floor retail area 61.6 sq m 663 sq ft

Basement 26.4 sq m 284 sq ft

Total 88.0 sq m 947 sq ft

There is a 3 bedroom flat to the 1st floor.


PRICE
999 year Leasehold available in the region of 157,500

We understand that the property is not elected for VAT.


TENANCY
The property is occupied on a 6 year Full Repairing & Insuring Lease

Commencing 1st April 2016

Rental 6,000 per annum.

The Tenants business is unaffected by this sale.

The 3 bedroom flat is let at 6,600 on an Assured Shorthold Tenancy agreement.

TOTAL ANNUALISED RENTAL 12,600 per annum


BUSINESS RATES
According to the Valuation Office Agency website, we understand this property has a current 2017 rateable value of 5,200.

100% Small Business Rate Relief is available subject to status.


ENERGY PERFORMANCE CERTIFICATE
Energy Performance Certificate for this property is currently being prepared.



VIEWINGS
For further information or to arrange a viewing, please contact Peter Davies on 0113 237 0999.


MISREPRESENTATION ACT
Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-
1.The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.
2. All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them.
3. No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property.
4. All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary.
MISDESCRIPTIONS ACT 1991
These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.
ALL OFFERS ARE SUBJECT TO CONTRACT OR LEASE.
Details prepared April 2017


Nearest stations

  • Leeds (1.6 mi)
  • Cross Gates (2.6 mi)
  • Burley Park (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Stoneacre Properties, Leeds - Commercial Sales Office

184 Harrogate Road, Chapel Allerton, Leeds, LS7 4NZ

0113 237 0999 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

  • Leeds (1.6 mi)
  • Cross Gates (2.6 mi)
  • Burley Park (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Stoneacre Properties, Leeds - Commercial Sales Office

184 Harrogate Road, Chapel Allerton, Leeds, LS7 4NZ

0113 237 0999 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 120-120SRL. 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 Stoneacre Properties, Leeds - Commercial Sales Office. 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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