Floor Plan
Cross Green Lane, Burmantofts, LS9 Bedroom Office
This substantial commercial property has been let to the same tenant for over 10 years with ... the current lease in place, not due to expire until 2028. At present, the property is generating a rental income of £18,000 per annum equating to an impressive return of almost 10% when based on the quoted guide price. It is predominantly made up of office space with communal kitchens and toilets and a good size storage area in the cellar. Externally the property has a garage and yard to the rear. The property is located in Cross Green, an area that has seen a good deal of investment in recent years and is less than a mile away from Leeds City Centre. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
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Key Features
- For sale by auction on the 20th October 2021
- Guide price £185,000
- Substantial commercial property
- Substantial commercial property
- Currently genarating £18,000 PA
- Located in Cross Green
Description
This substantial commercial property has been let to the same tenant for over 10 years with the current lease in place, not due to expire until 2028. At present, the property is generating a rental income of £18,000 per annum equating to an impressive return of almost 10% when based on the quoted guide price. It is predominantly made up of office space with communal kitchens and toilets and a good size storage area in the cellar. Externally the property has a garage and yard to the rear.
The property is located in Cross Green, an area that has seen a good deal of investment in recent years and is less than a mile away from Leeds City Centre.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Floor Plan
