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Property
Property description & features
- Mixed Use Investment
- Undergone Significant Building Works
- Good Sized Retail Unit
- 2 Self-Contained Flats
Location - Stoneacre Properties are delighted to offer this Mixed Use investment property comprising retail unit and 2x 2 bedroomed flats midway between York Road and Compton Road.
Description - The property of brick construction under a tiled pitched roof provides three storey accommodation which had undergone significant structural building works to provide the current configuration.
The retail unit retains its address at 428 Harehills Lane.
The 2 flats above are both self-contained with their own utilty supplies and are formally known as 2 & 3 Back Nowell Terrace. Both have been renovated and only require minor cosmetic work to prepare the flats for occupancy.
Accommodation - The property provides the following accommodation:-
GROUND FLOOR COMMERCIAL
G/F Retail 66.26 m2 712 sq ft
G/F Kitchen 3.55 m2 38 sq ft
Total GF area 69.81 m2 750 sq ft
plus
Basement 31.26 m2 336 sq ft
G/F w/c
RESIDENTIAL
Private entrance door leading leading to stairs providing access to:-
1st floor 1 bedroom flat
2nd floor 2 bedroom flat
Price - £349,000 for the Freehold interest of the property.
We are informed that VAT is not applicable to this sale.
Tenancy - The property is currently tenanted as follows:-
GROUND FLOOR COMMERCIAL
Currently vacant
Anticipated rental achievable £13,000 per annum.
FIRST FLOOR RESIDENTIAL
Currently unoccupied
Anticipated rental achievable 2x £500 per month / £6,000 per annum.
Total anticipated Annualised Rental circa £25,000
Business Rates - According to the Valuation Office Agency website, the current rateable value is:- £7,100 RV
Subject to 100% Small Business Rates Relief.
ZERO PAYABLE
Energy Performance Certificate - Energy Performance Certificate for this property is:-
9881-8134-6764-4296-7981
Rating B- 44
This can be viewed on
Viewings - For further information or to arrange a viewing, please contact Peter Davies on[use Contact Agent Button].
Misrepresentation Act 1967 - Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-
The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.
All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them.
No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property.
All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary.
MISDESCRIPTIONS ACT 1991
These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.
ALL OFFERS ARE SUBJECT TO CONTRACT.
Details prepared December 2021
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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