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Fully Let Retail Investment, 7 Crosshills, Kippax, LS25 7JP

1,745 Sq Ft / Retail / Investment

For Sale - £160,000.00

Available - Last updated: 16 April 2024

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.

Location

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

Accommodation

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 1,745 sq ft (162.1 sq m).

Terms

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 is £10,500 pa. It is understood that VAT is not applicable on this property.

TENURE - The property is offered on a freehold basis subject to the above lease. Offers are invited on a guide price of £160,000. It is understood that VAT is not applicable.

RATEABLE VALUE - According to the Valuation Office Agency website, the premises has a current 2023 rateable value of £10,250. Interested parties are advised to direct further enquiries to the local authority.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £160,000.00 NA

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Contact agents

Commercial Team

Adair Paxton

0113 347 0151



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