INVESTMENT 275 Meanwood Road, Leeds, West Yorkshire, LS7
£100.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,500 sq ft
325 sq m
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: B1 Business
B1
Key features
- Prominent position
- Close to Leeds city centre
- Investment but capable of owner occupation
- Development potential
- Income of £28,440 per annum
Description
The property is located on Meanwood Road, approximately 1 mile north of Leeds city centre.
Meanwood Road forms a major arterial route from the Sheepscar area of the city through Meanwood itself and onto the Ring Road at Moortown and Alwoodley. It runs parallel to Scott Hall Road (A61 to Harrogate) - a short distance to the east and Woodhouse Lane/Headingley Lane to Otley, just to the west.
The building has a prominent position on the south west side of the road and can be identified by the Tapp Chartered Surveyors sign on the front elevation.
DESCRIPTION
275 Meanwood Road is a unique stand alone property offering studio work spaces on two floors. Built of brick/blockwork the rear section sits under a pitched tiled roof. Fronting Meanwood Road is a further extension under a flat roof.
Access is by way of a doorway from the roadway to the side elevation and onto the buildings' first floor level. This opens into a lobby with a communal kitchen and toilets off.
Internally each floor is divided to provide a variety of sizes of workrooms, some benefitting from natural light and others not.
The first floor offers four individual suites, two of which benefit from windows over Meanwood Road.
The ground floor is at street level to Meanwood Road and offers a further three studios.
ACCOMMODATION & TENANCIES
The property is divided to provide 8 rooms offering about 3,500 sq ft and let at a total rent of £28,440 per annum.
We are advised that the landlord is responsible for utilities and that the rents charged are inclusive of these.
RATING
The property has a single Rating Assessment of £14,750 in the 2023 Rating List. We understand this is paid by the landlord.
EPC
An EPC can be made available upon request.
TENURE & TERMS
275 Meanwood Road is offered for sale freehold and subject to the tenancies outlined above. Offers are invited in excess of £350,000 showing a purchaser a gross yield in the region of 8%.
VIEWING AND FURTHER INFORMATION
For further information and to make arrangements to view, please contact
Tapp Chartered Surveyors on .
SUBJECT TO CONTRACT
Details revised June 2023
Brochures
INVESTMENT 275 Meanwood Road, Leeds, West Yorkshire, LS7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Burley Park Station1.3 miles
- Leeds Station1.5 miles
- Headingley Station1.9 miles
About Tapp Chartered Surveyors, Leeds
4 Park Place, Leeds, LS1 2RU
Notes
Disclaimer - Property reference 275MrL. 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 Tapp Chartered Surveyors, Leeds. 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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