This striking property comprises a freehold convenience store and premises forming an amalgamation of four adjoining ground floor retail units within a larger parade. The first-floor comprises residential accommodation which is subject to four long leasehold agreements (2x 125 years and 2x200 years from circa 1990). Measurements taken from the VOA website shows the subject property extends to 2,196 sq ft (NIA). We have been advised by the seller that the premises was refurbished by the Co op approximately 3 years ago with the post office counter having been installed in 2021. Tenancy: At present, the property is let to Co-operative Group Food Ltd on an FRI lease dated 23rd April 1999 and expiring in April 2024. The current passing rent is £25,750 per annum. The property is located in Alwoodley, one of Leeds most affluent suburbs and just 5 miles to the North of Leeds city centre. We have been advised by the seller that the property is not elected for VAT.
Lot Type
Commercial
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.