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No longer on the market

This property is no longer on the market

Mixed use

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Auction
Mixed use
Added > 14 days

Features and description

  • Tenure: Freehold
  • For sale by auction on the 11th December 2024
  • Guide price £230,000 +
  • Freehold of the building for sale
  • Double fronted tenanted retail shop
  • Currently generating £18,850 per annum
  • Great addition to an investor’s portfolio
  • EPC rating to follow

Video tours

We are pleased to offer for sale the freehold of 310-312 Harehills Lane via traditional auction. The property consists of a ground floor, double fronted retail unit with two apartments located on the upper two floors which have previously been sold off on long leases.

The ground floor retail shop is currently tenanted by a reputable bookmaker, generating £18,550 gross rental income per annum. We also understand the owners of the two apartments pay a proportion of the external repairs and the annual insurance.

The property is located on a busy parade in Harehills approximately two miles to the north east of Leeds city centre and is sure to be of interest to investors both locally and nationally.

Rooms

ACCOMMODATION

Ground Floor
Shop floor, kitchenette, 3 x WCs.

First & Second Floor
Two x flats

Additional Information

Council Tax
Leeds City Council

Tenure
Freehold

Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.

Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Property information from this agent

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About this agent

Auction House - West Yorkshire
Auction House - West Yorkshire
Caledonia House, Lawnswood Business Park, Redvers Close Leeds LS16 6QY
0113 427 9292
Full profileProperty listings
Auction House West Yorkshire is the leading auctioneer in the region, the largest and most successful in the Leeds, Bradford and Wakefield area. We have been auctioneers since 2009 and hold seven multi-lot auctions each year at Leeds United FC’s Elland Road Stadium. We work closely with major estate agents Manning Stainton and Ryder & Dutton – together they help us provide the best service possible throughout Leeds, Wakefield, Pontefract, Harrogate, Bradford, Castleford, Keighley, Halifax and Huddersfield. Our service is second to none, we are the local experts with auctions of circa 50 lots, mainly residential but we also sell land and commercial properties and a significant number of tenanted investments for landlord clients too. Ring, email or message us and we will be delighted to assist.
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