Property Summary

£16,000 + VAT per annum

LOCATION

The property is located on East Street in Leeds which is slightly South-East of Leeds City Centre however, benefits from being on the ‘loop road’. Leeds Train Station is a 0.6-mile walk from the subject property and Leeds Bus Station is within a 0.2-mile walk. The property benefits from a large amount of residential blocks within close proximity providing a good level of footfall.

DESCRIPTION

The property comprises a 3-storey, brick built block whereby the ground floor and basement is available. The space itself presents well and would be well suited to a retail, office, or similar use. At ground floor level, the space is open plan with WC facilities at the rear. The space is heated via electric heating and has spotlights throughout. The basement level also presents well and is open plan with kitchenette and WC facilities.

ACCOMMODATION

Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 2nd Edition, January 2023, the unit provides an approximate net internal area of:
Ground Floor – 513 sq ft (47.7 sq m)
Basement – 602 sq ft (56 sq m)
Total – 1,115 sq ft (103.6 sq m)

TERMS – The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a commencing rent of £16,000 + VAT per annum.

VAT – All prices, premiums and rents are quoted exclusive of VAT, which is applicable at the prevailing rate.

EPC – The EPC is to be reassessed.

RATEABLE VALUE – The Rateable Value is to be reassessed.

LEGAL COSTS – Each party to the transaction will be responsible for their own legal expenses incurred.