117 Queen Street, Morley, Leeds, West Yorkshire, LS27 8HE
The property is situated fronting Queen Street in Morley Town Centre. Queen Street is the main retail pitch within Morley Town centre and is the home to a wide variety of national and independent retailers and leisure operators. Traders close to the property include Wetherspoons, Wilkinsons, Carphone Warehouse and Yorkshire Building society.
The property comprises the ground floor and basement of a traditionally constructed building which also includes two upper floors. The ground floor and basement are let for use as a hairdressing salon.
Ground Floor: Sales: 28 sq m (300 sq ft) Basement: Stores: 47 sq m (511 sq ft) Upper Floors: Self-Contained Residential Accomodation
Approximately 126 sq m (151 sq yds).
The property is held long leasehold for a term of 99 years from 1st January 2005 at a ground rent payable of ú400 per annum. The ground rent is subject to fixed reviews as per the copy lease in the Legal Pack.
Interested parties should consult with the Local Planning Office, Leeds City Council, Civic Hall, Calverley Street, Leeds, LS1 1UR. Telephone: 0113 2224444.
The ground floor and basement are let to an individual for a term of seven years from 8 December 2015 on effectively full insuring and repairing terms at a rent of ú9,500 pa. The lease incorporates an upward only rent review at the end of the 5th year and also includes the tenants break clause which can be exercised at the end of the 3rd year of the term.
VAT is payable on the purchase price.
For the avoidance of doubt the upper floors are not included in the sale. The property is held long leasehold for a term of 99 years from 1st January 2005 at a ground rent payable of ú400 per annum. The ground rent is subject to fixed reviews as per the copy lease in the Legal Pack. VAT is payable on the purchase price.
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