£387,500

Retail premises for sale

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Guide price

£387,500

(£527.21/sq. ft)

Retail premises for sale

Leeds Road, Ilkley LS29

735 sq. ft

Local area information

Property location

Nearby amenities

  • Ilkley 0.1 miles
  • Ashlands Primary School 0.4 miles
  • Ilkley Grammar School 0.5 miles
  • Ben Rhydding 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Ilkley to find out more about the local area.

Features and description

Location

The property is located on the south side of Leeds Road (A65) within 70 metres of its junction with Brook Street.

Occupying a prominent position with full height glazed frontage, the property is well placed to benefit from Ilkley’s extensive range of amenities including retail, restaurants and offices.

Leeds Road is a much sought after location and is now home to a number of successful independent retailers including a bakery, coffee houses, restaurants and landscape designers.
Description

Previously used as a kitchen showroom the property is suitable for a variety of leisure / commercial uses. There is a large basement, suitable for storage.

There are 2 no. 1 bed apartments located on the upper floors. Externally, the property benefits from a small, enclosed yard and there is space for loading / unloading.
Accommodation

The ground floor and retail area comprises 530 sq. Ft. (49 sq. M).
The basement and storage areas comprise 205 sq. Ft (19 sq. M).
Total area 735 sq. Ft. (68 sq. M).
The investment

I) Retail Unit: Currently vacant but market evidence indicates an annual rent of £13,000 p.a.
Ii) Residential: 2 no. 1 bed apartments let to long term tenants (10 years+). Each apartment is let at £500/month giving an annual income of £12,000.
EPC

Retail Unit: Awaiting updated EPC.
Residential: Energy Rating ‘E’. Valid to April 2031.
Rateable value

The property has a rateable value of £10,250.
Legal costs

Each party is responsible for their own legal costs.
Services

We understand that all mains’ services are installed or are available. However, we recommend that prospective occupiers make their own enquiries as to the availability, suitability and capacity of such services.
VAT at the standard rate is applicable.
Viewing

Strictly by appointment only, contact:-
Richard Heslop: Or email

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - DE Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DE Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Ilkley
  5. Leeds Road