Green Lane, Yeadon, LS19 7BU

£725,000

LOCATION
The premises are located in a central position on the corner between Green Lane and Harrogate Road. Located only minutes from Leeds/Bradford airport and close to Leeds city centre as well as further afield.

DESCRIPTION
A rare opportunity to purchase a freehold garage plot located close to the heart of Yeadon. The property comprise 2 main parts, a petrol garage with large forecourt and shop, which is occupied and run by the current owner and a separate warehouse/workshop which is currently tenanted and occupied by an MOT garage. The current passing rent is £20,000 Per Annum although no formal lease is currently in place.

The premises would suit a variety of purchasers from developers, investors and owner occupiers. It is envisaged that the MOT garage would be willing to commit to a lease and the current landlord may be willing to do the same for the petrol station/shop. The market rent for the whole would then be in the region of £47,500 Per Annum.

ACCOMMODATION
Alternatively the landlord would consider a sale of his business at a figure in the region of £175,000, financial accounts can be provided on request. The petrol station/shop can then be either leased back at a rent of £27,500 Per Annum, or the property purchased alongside the business.

SERVICES
All mains services are connected to the property.

TERMS
Leasehold. The property is available on a new lease the terms of which are to be negotiated.

OUTGOINGS
Uniform Business Rate for 2018/19: £0.480.
Small business rate relief may be available to some occupiers. Further enquiries should be directed to HBC 01423 500600.

VAT
All figures quoted are deemed exclusive of VAT where applicable.

LEGAL COSTS
Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.

PLANNING
Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.

VIEWING
If you would like to view this property, please contact FSS on 01423 501211 and we will be pleased to make an appointment.

Our next auction is on 7th March 2019

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