This mixed use property comprises a warehouse/storage unit to the ground floor with a modern one bedroom apartment above. At present, the ground floor is let for £700pcm with the first floor let for £650pcm. This equates to a total annual income of £16,200 and return of 11% when based on the quoted guide price. The property is located to the south east of Leeds city centre in an area that continues to see a huge amount of development and improvement. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Tenure
Freehold
Ground Floor
Warehouse/storage unit including mezzanine level.
First Floor
Living/kitchen, bedroom and bathroom.
Externally
A small yard and lock up garage to the rear.
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1200.00 inc VAT.
Disbursments
Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors solicitor. For more details please see the legal pack.
Local Authority
Leeds City Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.