This mixed use property comprising a ground floor cafe and one bedroom apartment is offered for sale via traditional auction. The property is currently fully occupied generating a gross rental income of £20,340 reflecting a 12.6% gross yield return based on the guide price. This would be a great addition to a portfolio.
Morley is a busy market town approximately 5 miles south-west of Leeds. The premises are located on Queen Street near Scatchard Park, close to the Town Hall and Morrison?s shopping precinct. Tenure Freehold Ground Floor Cafe, store room, wc and private access to first floor. First Floor Lounge/kitchen area, shower room and bedroom. ADDITIONAL INFORMATION Council Tax Band A. EPC Rating 99A - D
99 - D Tenure Freehold. Charges & Payments In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - See above Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.