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Leeds Warehouse with Residential Planning Potential For Sale

Leeds, West Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    01/03/24

  • Advert ID

    607663

  • Reference

    590389 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £500,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Warehousing For Sale in Leeds

FREEHOLD WAREHOUSE BUILDING WITH RESIDENTIAL PLANNING in Morley, Leeds for Sale.

Located in the centre of Morley, Leeds, West Yorkshire with outstanding motorway links. A former carpet warehouse and bed showroom, totalling approximately 6,326 sq ft (588 sq m) over ground floor, basement and first floor, plus car park of an additional 1,835 sq ft (170.50 sq m). The property has planning approval in principle for the demolition of the existing building and the erection of a block of eight self-contained apartments. Architects were conservative in the plans they provided to the planners for approval and are confident that a re-worked scheme for additional flats would be met with similar approval. The current building would be of interest to business owners seeking substantial warehouse or industrial space, investors looking to let the building for a rental return, or a developer seeking to take advantage of the residential planning approval. The deeds are unencumbered, free of any covenants, making this a rare and uncomplicated opportunity for developers. Electric, mains gas and water services are all in the building. Recently installed electrical consumer unit.

The Property Comprises:
Internally: Entry is from the car park through conventional doors as well as roller shutter doors for deliveries and additional security. Office. Steps and / or ramp lead to the main open plan showroom floor. Corridor leads beyond the customer WC, fire escape and small storeroom to a further showroom, additional fire escape and WC. The central portion of the building, between the showrooms, are a large storage area and staircases leading to the lower ground floor basement, and up to the first floor which has been compartmentalised into four rooms of equal size and a fire exit to a flat roof.
Externally: Car park easily accommodating six vehicles. Steel escape staircase from the flat roof. The building is of brick construction with mainly structural concrete floors throughout.
EPC Band B.
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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