Freehold fully let retail and residential flat investment producing £12,600 per annum showing a gross yield of 9%

 

Summary

  • High Street position in small town
  • Tidy well built property
  • Ground floor let to long standing local butcher
  • Two bed flat to upper parts let to private tenant

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground - Shop 335 31.12
1st - Flat 617 57.32
Total95288.44
12 High Street - IMG_8695.JPG

Location

The property is located on the High Street in Kippax a small town about 5 miles east to Leeds.

It lies of the south side of the road and can be identified by our for sale sign.

Get directions from Google Maps

Further Information

Price Offers in excess of £140,000

Rates Payable Upon Enquiry


Description

The property comprises an through terrace of brick construction under a pitched tiled roof.

The shop has a front sales area and with storage and staff facilities to the rear.

The flat is accessed from the rear by a flight of stairs. At first floor it offers a open plan kitchen / lounge and separate bedroom. At second floor is a further bedroom and bathroom.

Viewings

Please call the office and ask for Lesley Clark.

Legal Fees

Each party will bear their own legal costs in the sale.

Terms

12 and 12A High Street are offered for sale freehold and subject to the tenancies outlined above. Offers are invited in excess of £140,000 showing a purchaser a gross yield in the region of 9%.

AML

The prospective tenant will need to satisfy the Anti Money Laundering policies of the letting agent and the landlord client. This is usually two forms of identification and confirmation of the source of funds.