The property is located just off Middleton Park Circus which is a district shopping area immediately to the south of Leeds Outer Ring Road in the South Leeds suburb of Middleton. The premises are around 5 miles south of Leeds city centre and within easy reach of both the M1 and M62 motorways. The immediate surrounding area predominantly comprises other retail properties and domestic housing.
Mid-terrace two storey property situated within an established suburban retail parade. There is a small yard/parking area immediately to the rear of the property. Internally, the ground floor comprises a front sales area, rear food prep/storage area and stairs leading to a basement. Further stairs lead to first floor accommodation providing staff welfare facilities and offices/stores.
Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 1st Edition, May 2015, the unit provides the following approximate internal areas:
Ground floor 474 sq ft (44m²)
First floor 408 sq ft (37.9m²)
Basement 291 sq ft (27m²)
Total 1173 sq ft (109m²)
The property is let by way of a renewal lease for a term of 5 years commencing 2nd March 2021 at a rent of £6,000 pa. There is a tenants option to break on 2nd March 2024 exercisable upon 6 months prior written notice. The tenant benefits from a rent free period up until 2nd August 2021.
The property is offered on a freehold basis subject to the above lease at a guide price of £95,000. It is understood VAT is not applicable on the sale of this property.