Queen Street, Morley, LS27 8DW
Queen Street, Morley, LS27 8DW
£190,000
- 0
- 0
- 0
Queen Street, Morley, LS27 8DW0 Bedroom Mixed Use
Council Tax
Band: A
Tenure
Freehold
This mixed use property comprising of a ground floor cafe and one bedroom apartment is offered for sale via traditional auction. The property is currently fully occupied generating a gross rental income of 23,940 reflecting a 12.6% gross yeild return based on the guide price. This would be a great addition to a portfolio.
Morley is a busy market town approximately 5 miles south-west of Leeds. The premises are located on Queen Street near Scatchard Park, close to the Town Hall and Morrison’s shopping precinct.
Additional Information
Ground Floor
Cafe, store room, wc and private access to first floor.
First Floor
Lounge/kitchen area, shower room and bedroom.
Council Tax
Band A.
EPC
Rating 99A - D 99 - D
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
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: A
Tenure
Freehold
Key Features
- For sale by auction on the 14th May 2025
- Guide price £190,000 +
- Mixed use property
- Commercial gate and one bedroom apartment
- Great addition to an investors portfolio
- Council Tax band A - EPC rating D
Description
This mixed use property comprising of a ground floor cafe and one bedroom apartment is offered for sale via traditional auction. The property is currently fully occupied generating a gross rental income of 23,940 reflecting a 12.6% gross yeild return based on the guide price. This would be a great addition to a portfolio.
Morley is a busy market town approximately 5 miles south-west of Leeds. The premises are located on Queen Street near Scatchard Park, close to the Town Hall and Morrison’s shopping precinct.
Additional Information
Ground Floor
Cafe, store room, wc and private access to first floor.
First Floor
Lounge/kitchen area, shower room and bedroom.
Council Tax
Band A.
EPC
Rating 99A - D 99 - D
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
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.
