Thursday, 14 December 2023

SOLD - Investment Property, Leeds

INVESTMENT PROPERTY in Leeds 

This is an exciting opportunity to acquire this mixed use investment property occupying a prime position within a densely populated area of Leeds.  The premises are arranged over three floors and comprise:  Ground floor beauty salon held on a six year lease from 2017, returning £400 per calendar month rent plus £100 per calendar month for utility bills.  Hair salon which is on a 200 year ground lease from 1987.  First and second floors provide residential accommodation, comprising kitchen, lounge, shower room and two bedrooms returning £550 per calendar month plus £125 per calendar month for utilities.  These floors have been built to HMO standards as it used to be a three bedroom HMO.  According to our client, this can easily be turned back into a HMO if required.  Annual Rental Income £11,400 plus Utilities. Freehold property. Ref: 590096

Thinking of selling your commercial property? Call now for a free valuation on 0113 238 2900 or email sales@ernest-wilson.co.uk for more information on Ernest Wilson Business Agents, visit www.ernest-wilson.co.uk - we do not charge any money up front



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