The subject properties comprise two, single storey, semi-detached retail units of brick construction. Both properties benefit from prominent shop frontages in close proximity to Hyde Park corner.
Internally, the properties have been configured with a customer facing retail space with WC / kitchen facilities and ancillary storage to the rear.
Location
The subject properties are located on Hyde Park Road in close proximity to the junction of Headingley Lane.
The properties are approximately 1 mile from Leeds City Centre which assists in generating plenty of footfall.
The available properties are also within extremely close proximity to a number of train stations and has a number of bus routes on it’s doorstep.
Accommodation
Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 2nd Edition, January 2023, the unit provides an approximate net internal area of:
152 Hyde Parl Road - 451 sq ft (41.88 sq m)
154 Hyde Parl Road - 460 sq ft (42.77 sq m)
Total - 911 sq ft (84.65 sq m)
Terms
EPC - It is understood that the property has the following EPC assessment ratings:
No.152 - E-103
No.154 - D-79
TERMS - The property is offered for sale on a freehold basis, subject to existing tenancies at a guide price of £370,000.
LEGAL COSTS - Each party to the transaction will be responsible for their own legal expenses incurred.
RATEABLE VALUE - We have made enquiries with the VOA website and can reveal that the following information is listed with a 2023 Rateable Value:
No.152 - £4,400
No.154 - £8,100
VAT - It is understood that the property is not elected for VAT.
TENANCY SCHEDULE - See attached brochure for information.
Specification
- Fully occupied investment opportunity
- Prominent Hyde Park corner location