Cardigan Road, Leeds, West Yorkshire, LS6

A newly renovated ground floor commercial unit on Cardigan Road, Headingley, with a large front room, two bay windows facing the highway, a private WC and a large basement for storage only. The unit is offered ready to occupy, with a glazed entrance door and wheelchair access ramp, and off-street parking on the front yard.

The pitch benefits from strong passing traffic on Cardigan Road (LS6), close to Hyde Park, Headingley and local shops, takeaways and student housing. Planning permission has been granted for Class E use.

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Ground Floor:
Open-plan commercial room with two bay windows to Cardigan Road, linked by an internal archway to the rear sales/office area. Private WC. Staircase to basement and to the residential accommodation above (residential not included). Glazed entrance with wheelchair access ramp from Harold Grove.

Basement:
Large lower-ground space. Storage use only. Not to be used as a separate trading unit.

Frontage:
Two bay windows overlooking Cardigan Road.

Parking:
Off-street parking on the front yard, subject to site rules and any highway or planning restrictions.

Condition:
Ground floor fully renovated and available for immediate occupation. The incoming tenant is responsible for fitting out for their specific trade (signage, counters, specialist extract, etc.) subject to landlord consent and any further statutory approvals.

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Planning and Hours:

Class E (commercial, business and service) use approved, including Leeds City Council application 26/03673/FU (part change of use of ground floor to a separate retail unit, Class E) together with the earlier 25/00532/FU consent.

Permitted operating hours: 07:00 to 20:00, Monday to Sunday.

Hot-food takeaway, drinking establishment, late-night and other sui generis uses are not included and would need separate planning permission and landlord consent.

Any extract flue, external seating, illuminated fascia or alteration to the shopfront will require prior written landlord consent and, where required, planning and building control approval.

The tenant must verify the decision notices, conditions and building regulations position before exchanging the lease.

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Lease Terms:

Rent:
£1,500 per calendar month (£18,000 per annum), exclusive of business rates, buildings insurance, service charge (if any), utilities and VAT (if applicable).

Term:
A term of three or six years is offered, by negotiation. A tenant break option at the end of year three will be considered on a six-year term.

Tenure:
Leasehold. New lease of the ground floor commercial unit and basement storage only. The residential upper floors are excluded.

Lease Type:
Full repairing and insuring (FRI), or internal repairing with the tenant contributing to buildings insurance and a fair proportion of structural/external costs, as agreed in the agreed form of lease.

1954 Act:
The landlord's preferred position is that the lease is contracted out of sections 24 to 28 of the Landlord and Tenant Act 1954. Alternative security of tenure may be discussed with an acceptable covenant.

Rent Deposit:
A rent deposit of six months' rent (£9,000), held under a rent deposit deed for the term and any holding over, is required as standard. A lower deposit may be considered for a strong covenant.

Rent Payment:
Monthly in advance by standing order, or quarterly in advance if required by the lease.

Rent Review:
On a six-year term, an upward-only open market rent review at year three, or annual RPI/CPI-linked increases, as agreed.

Use:
Class E only, within the permitted hours, and not so as to cause nuisance to the residential occupiers above or neighbouring owners.

Alienation:
Assignment of the whole with landlord's consent, not to be unreasonably withheld or delayed. Underletting of the whole only, subject to consent. No underletting of part.

Alterations:
Non-structural internal alterations with prior written consent. No structural alterations, new openings, extract or shopfront works without consent and all statutory approvals.

Insurance:
Tenant to pay a fair proportion of buildings insurance. Tenant to maintain public liability insurance of not less than £5 million and contents/trade insurance.

Outgoings:
Tenant pays business rates (Small Business Rates Relief may be available - tenant to confirm with Leeds City Council), water, electricity, gas (if any), telecoms, broadband and all other outgoings.

Guarantor:
A personal guarantor and/or rent deposit will be required where the tenant is a new company, a thin covenant, or an individual trading vehicle. Guarantor liability will be on standard commercial terms.

Legal Costs:
Each party is to instruct its own solicitor. The tenant will be responsible for the landlord's reasonable legal fees in connection with the lease, rent deposit deed and any licence, whether or not the transaction completes, unless otherwise agreed in writing.

References:
Subject to satisfactory financial, trade and identity references, and anti-money laundering checks.

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Upon acceptable application the parties will instruct solicitors to agree the form of lease. Occupation will not be permitted until the lease and rent deposit deed have completed, the first month's rent and deposit have cleared, and evidence of insurance has been provided.

+ Complete an application form and provide ID, proof of address and last three months' bank statements / accounts.
+ Personal guarantor details where required.
+ Solicitors to be instructed by both parties on a subject-to-contract basis.
+ Solicitors to be instructed by both parties on a subject-to-contract basis.
+ No contract exists until a written lease is completed. Subject to contract, without prejudice and subject to references.

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Important notice - legal and misrepresentation:
These particulars are produced in good faith for the guidance of intending tenants. They do not constitute, nor form part of, an offer or contract. No person in the employment of the landlord or any agent has authority to make or give any representation or warranty in relation to the property.

All descriptions, dimensions, references to condition, planning permissions, use classes, hours of use, services and necessary permissions for use and occupation are given in good faith and are believed to be correct, but any intending tenant should not rely on them as statements or representations of fact and must satisfy themselves by inspection, survey and searches, and by making formal enquiries of the local planning authority, building control, the valuation office and utility providers.

The property is offered subject to contract, available vacant possession of the commercial demise only, and to any existing rights, easements, covenants, wayleaves and the rights of the residential occupiers of the upper floors. Energy performance, asbestos, fire risk and electrical installation information should be requested and independently verified.

VAT may be payable on the rent and other sums if the landlord has elected to waive exemption. Interested parties must confirm the VAT position before exchanging.

Money laundering regulations require identity and source-of-funds checks before a lease is granted. The landlord reserves the right to withdraw the property from the market or to reject any application without giving reasons.

Generated as marketing particulars. Not a substitute for independent legal, planning or survey advice. Prospective tenants should take their own professional advice before entering into any commitment.

VIEWING STRICTLY BY APPOINTMENT