Investment Property For Sale in Leeds with Established Tenant and Immediate Rental Income
Leeds, West Yorkshire
- Status
FOR SALE
- Advert ID
659218
- Reference
591821 / Rightbiz
- Call Agent:
- Freehold: £179,950
- Turnover: £14,400 (£277 per week)
- Profit: Not Applicable
Business Details
Investment Property For Sale in Leeds
INVESTMENT PROPERTY in Leeds for Sale.An excellent opportunity to acquire a substantial freehold investment property occupying a highly prominent corner position on the bustling Town Street in the heart of Horsforth, one of Leeds' most sought-after and affluent suburban locations. Benefitting from extensive frontage and strong visibility to passing vehicular and pedestrian traffic, the property enjoys a commanding position within this thriving commercial centre, surrounded by a diverse mix of independent retailers, national operators, residential housing and local amenities.
This attractive mixed-use investment offers purchasers the benefit of an established tenant, immediate rental income and a prime trading location within a consistently popular Leeds suburb. The property is likely to appeal to private investors, pension funds and those seeking a readily manageable asset with future long-term asset management and capital growth potential.
The ground floor is occupied by a well-established convenience store, producing a rental income of £1,200 per calendar month (£14,400 per annum). The accommodation comprises a spacious retail sales area together with ancillary storage space, kitchenette and WC facilities. Further storage is provided within the cellar, offering valuable additional space for the tenant's operational requirements.
The upper parts comprise a self-contained two-bedroom apartment, which has been sold off on a long leasehold interest expiring in 2174, providing the purchaser with a secure reversionary interest and a nominal ground rent income. The residential element is therefore fully managed under separate ownership, presenting a straightforward investment opportunity focused primarily on the commercial income stream.
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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.
Be safe, use a Rightbiz Solicitor
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