Attractive Building in Prominent Central High Street Position
Adjacent to Town Hall Square Open Market
Nearby occupiers include NatWest, Lloyds Pharmacy, Greggs and Yorkshire Bank
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 62
Auction 30th March 2017
Rent
Status Sold
Price £150,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
8 miles north-west of Leeds City Centre, 8 miles south-east of Ilkley, 12 miles south-west of Harrogate
Roads
A658, A660, M1, A1 (M)
Rail
Guiseley Rail Station
Air
Leeds Bradford Airport
Situation
Yeadon is a popular Leeds commuter town located approximately 8 miles north-west of the City Centre. The property is prominently situated on the south side of the High Street, adjacent to Town Hall Square Open Market, which provides town centre car parking and hosts Yeadon Market from Monday to Friday. Nearby occupiers include NatWest, Lloyds Pharmacy, Greggs and Yorkshire Bank.
Tenure
Freehold.
Location
Miles
8 miles north-west of Leeds City Centre, 8 miles south-east of Ilkley, 12 miles south-west of Harrogate
Roads
A658, A660, M1, A1 (M)
Rail
Guiseley Rail Station
Air
Leeds Bradford Airport
Situation
Yeadon is a popular Leeds commuter town located approximately 8 miles north-west of the City Centre. The property is prominently situated on the south side of the High Street, adjacent to Town Hall Square Open Market, which provides town centre car parking and hosts Yeadon Market from Monday to Friday. Nearby occupiers include NatWest, Lloyds Pharmacy, Greggs and Yorkshire Bank.
Tenure
Freehold.
Description
The property comprises two ground floor retail units with basement ancillary accommodation at 8 High Street. The upper floors provide residential accommodation which have been let on long leases.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor retail units with basement ancillary accommodation at 8 High Street. The upper floors provide residential accommodation which have been let on long leases.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
8
Ground Basement
Retail
40.30 sq m 8.90 sq m
(433 sq ft) (95 sq ft)
INDIVIDUAL t/a E-Cigarette Zone
4 years from 24/06/2016
£6,000
23/06/2020
10
Ground
Retail
38.10 sq m
(410 sq ft)
INDIVIDUAL t/a Tea Cosies
5 years from 24/06/2016 (1)
£8,000
24/06/2021
8A & 10A
First & Second
Residential
Not measured
INDIVIDUAL
999 years from 29/09/2006 (2)
£100
28/09/3005
10A
Second
Residential
Not measured
INDIVIDUAL
999 years less 10 days from 29/09/2006 (2)
£50
19/07/3005
Total Commercial Area:
87.3 sq m
(668 sq ft)
£14,150
(1) The lease is subject to a schedule of condition. The lease provides a tenant option to determine on 23/06/2018 and 23/06/2019 subject to six months’ written notice. (2) The seller has served notice on the residential tenants, pursuant to Section 5B of the Landlord and Tenant Act 1987 .