This mixed use property has been in the same ownership for almost fifty years and comprises a vacant ground floor retail unit with a tenanted two bedroom flat across the first and second floors. We have been advised that although there is no formal tenancy agreement in place, the current tenants have been in situ for approximately twenty years and pay an annual rent of £3,120. In addition, the ground floor has recently been granted planning permission for conversion into C3 residential use. Please search the Leeds planning portal and reference 18/07216/DPD for further information. The property is located on York Road, just over one mile from Leeds city centre. Viewings will be for the shop only and access will be via the rear entrance located on Vinery Street.
Sales area, three office, kitchen and WC.
Living room, dining kitchen and bathroom.
Charges and Payments
In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £900 inc VAT. Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details please see the legal pack.
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Leeds City Council
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.