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12 & 12A High Street, Leeds, West Yorkshire, LS25

Offers in Excess of
£165,000

£492.54 per sq ft

Business rates & charges may apply

Tapp Chartered Surveyors, Leeds
SIZE AVAILABLE

335 sq ft

31 sq m

SECTOR

Shop for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • INVESTMENT PROPERTY
  • CENTRAL LOCATION ON KIPPAX MAIN STREET
  • LOCK-UP SHOP CURRENTLY PRODUCING £4,800 PER ANNUM
  • 2 BED FLAT - RECENTLY LET AT £7,200 PER ANNUM

Description

LOCATION
The property is located in Kippax, approximately five miles east of Leeds city centre but
generally considered part of its larger conurbation.
Kippax lies in the triangle of land formed between the M1 Motorway to the west, the A1M
to the east and the M62 to the south. As such, it is extremely convenient for the east side
of Leeds and also for regional commuting. It is surrounded by open countryside and
accessed by three main routes into it.
Together with the adjoining village of Methley, it has a population of around 21,000 and
its central area / high street has a mix of primarily independent retailers and a small Coop
store.
The building has a prominent position on the southern side of the road and can be
identified by the Tapp Chartered Surveyors sign on the front elevation.

DESCRIPTION
12 and 12A High Street is a through mid-terraced property of brick construction and
sitting under a twin pitched roof covered with tiles.
Internally the shop is divided to offer an open-plan sales area with storage and a WC to
the rear of this.
Access to the flat is from the rear elevation and off a lobby. Stairs lead up to the first floor
accommodation.
The flat offers an open-plan kitchen / lounge area and a bedroom at first floor. To the
second floor is a further bedroom and the bathroom.

ACCOMMODATION & TENANCIES

Ground floor retail
P & A Flintoff 27/08/2020 for 5 years @£4,800 per annum

First floor flat
Recently vacant Previously let at £7,200 per annum

TOTAL POTENTAL INCOME £12,000 per annum

TENURE & TERMS
12 and 12A High Street are offered for sale freehold and subject to the tenancy outlined
above. Offers are invited in excess of £165,000 showing a purchaser a gross yield in the
region of 7.3.% when fully let.

VIEWING AND FURTHER INFORMATION
For further information and to make arrangements to view, please contact
Tapp Chartered Surveyors on .
SUBJECT TO CONTRACT
Details prepared April 2024

Brochures

12 & 12A High Street, Leeds, West Yorkshire, LS25

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Garforth Station1.8 miles
  • Garforth Station2.1 miles
  • Micklefield Station2.4 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 12HSK. 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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