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Investment Property, Horsforth, West Yorkshire

£179,950

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Commercial property for sale

Key features

  • Commercial rental income of £14,400 per year
  • Prominent corner position
  • Affluent suburb of Horsforth
  • Established convenience-store tenant

Description

INVESTMENT PROPERTY in Leeds for Sale.

An excellent opportunity to acquire a substantial freehold investment property occupying a highly prominent corner position on the bustling Town Street in the heart of Horsforth, one of Leeds' most sought-after and affluent suburban locations. Benefitting from extensive frontage and strong visibility to passing vehicular and pedestrian traffic, the property enjoys a commanding position within this thriving commercial centre, surrounded by a diverse mix of independent retailers, national operators, residential housing and local amenities.

This attractive mixed-use investment offers purchasers the benefit of an established tenant, immediate rental income and a prime trading location within a consistently popular Leeds suburb. The property is likely to appeal to private investors, pension funds and those seeking a readily manageable asset with future long-term asset management and capital growth potential.

The ground floor is occupied by a well-established convenience store, producing a rental income of £1,200 per calendar month (£14,400 per annum). The accommodation comprises a spacious retail sales area together with ancillary storage space, kitchenette and WC facilities. Further storage is provided within the cellar, offering valuable additional space for the tenant's operational requirements.

The upper parts comprise a self-contained two-bedroom apartment, which has been sold off on a long leasehold interest expiring in 2174, providing the purchaser with a secure reversionary interest and a nominal ground rent income. The residential element is therefore fully managed under separate ownership, presenting a straightforward investment opportunity focused primarily on the commercial income stream.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591821. 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 Ernest Wilson & Co Limited, EW 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.