- Mixed Use Investment
- Rental Income £37,150 p.a. - £39,900 p.a.
- Long Unexpired Commercial Lets
- Popular Market Town Location
- Parking to rear.
2 Bedroom Commercial Property for sale in Wetherby
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Property Description
The property comprises an attractive 3 storey mixed use investment with rear parking in central Wetherby.
Fronting the High Street and in close proximity to the Market Place the property has the Post Office in the ground floor with a Jeweller in the first floor and 2 one bedroom flats in the second floor. The upper floors are separately access through an archway which also leads through to the rear where there is parking for approximately 4 cars.
Wetherby is an affluent market town within West Yorkshire located next to the A1(M) 12 miles east of Leeds and 8 miles west of York. The town has a strong retail centre with many national operators such as Morrisons, Cafe Nero, Dominoes Pizza, Specsavers, Yorkshire Trading as a well host of local and regional operators.
Accommodation
Ground floor - retail - 28 High Street
Tenant - Wetherby Post Office (personal guarantee)
Lease terms - 15 years from 01.05.2020 - 10 yr RR to OMRV
Rent Y6 £16,500 - £18,500
Size 60.85 sq.m (655 sq.ft)
RV/CT - £11,250
EPC C56
First floor offices - 30 High Street
Tenant - Lee Gallery
Lease terms - 10 years from 01.08.25 - 5yr RR to RPI
Rent Y1 £7,750 - £8,500
Size 58.58 sq.m (632 sq ft)
RV/CT - £4,600
EPC E125
Second Floor Flat 1 - 30 High Street
Tenant Private letting
Lease terms - 6 month
Rent £6,000
Size 375 sq ft
RV/CT - A
EPC D58
Second Floor Flat 2 - 30 High Street
Tenant Private Letting
Lease terms - 6 month
Rent £6,900
Size 479 sq ft
RV/CT - A
EPC - D61
EPC's available please contact the agent for further details.
Planning
We recommend interested parties make their own enquiries with the local authority -0113 222 4444 - planning@leeds.gov.uk
TERMS
Offers are being sought for the freehold interest at a guide price of £595,000 which represent a NIY of approx. 5.89% rising to 6.39%
VIEWING
Joint selling agents (appointments only)
Malcolm Stuart Property Consultants
01937 530853
james@malcolm-stuart.com
Renton & Parr
01937 582731
sales@rentonandparr.co.uk
Important Information
- This is a Freehold property.
Property Ref: 427866
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