Tempest Road, Leeds, LS11 7DH0 Bedroom Mixed Use

Council Tax

Band: Unknown

Tenure

Unknown

This mixed use premises will appeal to those looking for a high yielding investment. The sale comprises of two commercial units, a barbers and a off licence, plus 4 x bedsits to the upper floors. We have been advised by the seller that the residential units were recently refurbished including re-wiring and plumbing. The building currently generates £24,060 with two vacant bedsits. This income could be boosted to circa £36,000 once fully let.
Please note - Auction House have not inspected the property and details will be updated once access is gained. The sale does not include the letting agents on the corner and details will be amended.

Additional Information

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Council Tax

Band: Unknown

Tenure

Unknown

Key Features

  • For sale by auction on the 17th May 2023
  • Guide price £265,000 +

    Description

    This mixed use premises will appeal to those looking for a high yielding investment. The sale comprises of two commercial units, a barbers and a off licence, plus 4 x bedsits to the upper floors. We have been advised by the seller that the residential units were recently refurbished including re-wiring and plumbing. The building currently generates £24,060 with two vacant bedsits. This income could be boosted to circa £36,000 once fully let.
    Please note - Auction House have not inspected the property and details will be updated once access is gained. The sale does not include the letting agents on the corner and details will be amended.

    Additional Information

    Charges and Payments

    In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.

    Guide Price

    Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Floor Plan

    Brochure