Property Details
Pugh Auctions
Lot 086
Lot 086
Auction: July 2017 (L)

7 High Street And 4 & 4a Suffolk Court, Yeadon, Leeds, West Yorkshire, LS19 7SP

Property Details
Location

Situated in an established commercial location within the town, adjacent to Age Concern. High Street has a mixture of national multiples and local traders. Yeadon lies approximately 7 miles north of Leeds and is close to Leeds Bradford International Airport.

Description

Restaurant approximately 83 sq m (890 sq ft) let at ú15,000 per annum together with reversion to first floor/attic flats effectively sold off on a long lease at a peppercorn rent.

Accommodation

The following details have been provided by the Vendor: Restaurant: 83 sq m (890 sq ft) Upper Floors: Self Contained Flats

Tenure

Freehold.

Planning

Interested parties should consult with the Local Planning Office, Leeds City Council, Civic Hall, Calverley Street, Leeds, LS1 1UR. Tel: 0113 234 8080.

Tenancy

1) The ground floor is let to Cooks (Yeadon) Ltd for a term of 15 years to 03/09/19 at a rent of ú15,000 per annum. The Vendor informs us that they have agreed a surrender and re-grant of a new 15 year lease (all other terms to remain the same) which is with solicitors. They anticipate this will complete prior to auction and please refer to website for any further updates. 2) The upper floors have effectively been sold off by the grant of a long lease expiring 28/05/3007 at a peppercorn rent. .

VAT

Unless the conditions are met for the transaction to be treated as a TOGC, VAT will be payable on the purchase price.

General

7 High Street Energy Performance Rating = F. 8 week completion.

Addendum

The expiry of the lease to 4 & 4A expires on 28/05/3007. The property address is 7 High Street and 4 & 4A Suffolk Court. A copy of the draft new lease is in the Legal Pack and whilst it has yet to complete the Vendor informs us that they anticipate it will do so before completion of the sale.

Property Location Address:
7 High Street And 4 & 4a Suffolk Court,
Yeadon,
Leeds,
West Yorkshire,
LS19 7SP
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Auction Details
Auction: July 2017 (L) Date: 20th July 2017 Lot Number: 086 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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