#12924 | Guide Price

£150,000

Branch Road, Armley, Leeds

  1 bedrooms
  1 bathrooms
  3 receptions

Key features

  • COMMERICAL SHOP PREMISES
  • DUPLEX APARTMENT ABOVE
  • APARTMENT REQUIRES REFURB
  • SHOP ACHIEVING u00a3630PCM
  • GREAT LOCATION - GOOD FOOTFALL
  • ON ROAD PARKING NEARBY
  • CLOSE TO CITY CENTRE
  • GAS CENTRAL HEATING
  • ESTIMATED 9%+ RENTAL YIELD
  • EPC TBC

Full property description

SUMMARY HOP are pleased to be able to offer this unique investment opportunity to the open market. The sale includes a tenanted shop to the ground floor and basement with a current income of £630 per calendar month with approximately two years of tenancy secured. Then an additional, separate duplex apartment spanning across the first and second floor, currently vacant and requiring some modest refurbishment works but with an estimated future rental income of circa £575pcm. The property is very well located, situated between Armley Town Street and Stanningley Road with a regular flow of passing traffic and footfall with on road parking to the front and rear. The shop has been used as a Polish butchers for a number of years, rented to the same tenant. This is an ideal opportunity for a landlord and/or business owner as both the shop and living space can be rented out individually.

AGENT NOTES We hereby disclose that a Personal Interest exists which constitutes a Declarable Interest under the Estate Agents Act 1979.

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Property EPC 1
Property EPC 1