3 Middleton Park Avenue, Leeds

Asking price of £140,000
For Sale
Investment

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LOCATION  

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.  

DESCRIPTION  

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.  

ACCOMMODATION  

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)  

LEASE TERMS  

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.  TENURE The property is offered on a freehold basis subject to  the above lease at a guide price of £140,000. It is  understood VAT is not applicable on the sale of this  property.

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