This established takeaway has been let to the same tenant for approximately 17 years and they are currently six years into their fifteen year FRI lease. The rental income is £10,000 per annum. The upper floors are currently being used as storage however the presence of a kitchen and bathroom suggest it may have been a self-contained two bedroom flat at some point in the past. The property is located on a busy parade in Harehills, approximately two miles to the north east of the city centre. Please note that this property is being sold by a member of staff at Auction House or a staff member's family or an associate.

Tenure

Freehold

Ground Floor

Takeaway, kitchen area, preparation room and toilet.

First Floor

Kitchen, bathroom and a store room.

Second Floor

Two further store rooms.

Charges and Payments

In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £1,080 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.

Guide Price

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.

Local Authority

Leeds City Council

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.