Otley Road, Headingly, Leeds
- PROPERTY TYPE
Mixed Use
- SIZE
4,045 sq ft
376 sq m
Key features
- 4,045 Sq Ft
- Fully Tenanted
- Ideal Investment
- GF - Iconic Restaurant
- FF - Dental Practice
- Fantastic Location
Description
The property prominently dominates parade of shops fronting Otley Road A660 at the junction with B6157 towards Chapel Allerton and close to the heart of Headingley.
To the south, Leeds City Centre is about 4 miles away and to the north Leeds Outer Ring Road is less than 1 mile away providing easy access in all directions.
TENANCIES UNAFFECTED BY SALE
Location - The property prominently dominates the frontage of a parade of shop fronting Otley Road A660 at the junction with B6157 towards Chapel Allerton and close to the heart of Headingley.
To the south, Leeds City Centre is about 4 miles away and to the north, Leeds Outer Ring Road is less than 1 mile away which in turn provides easy access in all directions.
Description - The property offers 2 storey accommodation under a pitched tiled roof together with several outbuildings.
The Restaurant occupies the ground and part first floor on a Leasehold basis providing 85 cover seating area, Bar, Cocktail lounge and extensive kitchens prep areas & storerooms.
The Dental Practice occupies part of the first floor on a Leasehold basis and provides a reception area and 3 treatment rooms.
Accommodation - The property offers the following accommodation:-
111 - 115 Otley Road:-
Ground floor 219.79 m2 - 2355 sq ft
First floor 81.38 m2 - 876 sq ft
Ground floor stores 74.31 m2 - 800 sq ft
Totals 374.48m2 - 4031 sq ft
115a Otley Road:-
First floor reception 21.80 m2 - 245 sq ft
First floor treatment rooms 29.60 m2 - 318 sq ft
Totals 51.40 m2 - 553 sq ft
Tenancy - The property is tenanted as follows:-
111 - 115 Otley Road
£58,000pa
15 year lease 26/10/23 - 25/10/38
Rent Review at the end of years 5 & 10
Tenant Break at the end of years 5 & 10
115a Otley Road
£7,000pa
Subject to pending new lease & rent terms.
Total passing rental
£65,000pa
Price - Offers of £850,000 are invited for the Freehold interest.
We are informed that VAT is applicable to this Sale.
Business Rates - The property hase been assessed by the Valuation Office Agency as follows:-
111 - 115 Otley Road
£54,000RV
115a Otley Road
£7,800
Subject to 100% Small Business Rate relief (subject to status).
ZERO PAYABLE
Energy Performance Certificate - Energy Performance Certificate for this property are:-
111 - 115 Otley Road
2870-9400-2176-3369-6695
Rating B-45
115a Otley Road
2622-6852-2867-3512-4536
Rating C-62
These can be viewed on
Viewings - For further information or to arrange a viewing, please contact Peter Davies on .
Misrepresentation Act 1967 - 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 March 2024.
Brochures
Otley Road, Headingly, LeedsOtley Road, Headingly, Leeds
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Headingley Station0.7 miles
- Burley Park Station0.9 miles
- Kirkstall Forge Station1.7 miles
About the agent
Stoneacre Properties have been selling homes for over 15 years and pride ourselves on the personal service we deliver.
Although we have enjoyed significant growth over these years, our ethos remains the same - to provide exceptional service to each and every one of our customers. Over the years, we have developed a team of highly trained and focused individuals specialising in their field across each department within th
Industry affiliations
Notes
Disclaimer - Property reference 32950876. 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, Chapel Allerton. 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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