7 Crosshills Kippax, Leeds

Asking price of £195,000
For Sale

Share this property

LOCATION  

The premises are located within the heart of Kippax  adjacent to the roundabout at the junction between Crosshills, High Street, and Leeds Road.  

DESCRIPTION  

The premises a large single storey retail/showroom  property within which most of it is open plan sales  space with some additional storage and staff  facilities. There is a small forecourt providing  loading/customer parking.  

ACCOMODATION  

Measured in accordance with the RICS Property  Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the  unit provides a net internal floor area of 1745 sq ft  (162.1 sqm).  

LEASE TERMS 

The lease has recently been renewed in January  2021 for a term of 10 years, with tenants options to  break at the end of the 3rd and 6th years. The  current passing rent for years 1 and 2 is £9,500 pa,  and in years 3, 4 and 5 the rent shall increase to  £10,500 pa.  

TENURE  

The property is offered on a freehold basis subject  to the above lease for offers in excess of £195,000.  It is understood that VAT is not applicable. 

RATEABLE VALUE 

According to the Valuation Office Agency website,  the premises has a current 2017 rateable  value of £10,250. Interested parties are advised to  direct further enquiries to the local authority.

Subscribe to our mailing list
Latest property news, products & offers