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Guide price

£475,000

(£144.95/sq. ft)

Retail premises for sale
Roundhay Road, Leeds LS8

    • 3,277 sq. ft

Added on 08/06/2023

About this property

    Location:
    Approximately 2 miles north east of Leeds city centre, close to the junction with Easterly Road (A58).

    Description:
    A four-storey detached building under a pitched tiled roof with ground floor double fronted window display, air conditioning system and electronic security shutters.

    Basement: Fitted kitchen with large walk-in chiller room, single WC and door leading to outside rear yard. A second kitchen/prep room on half landing between basement and ground floor.

    Ground Floor: Main restaurant seating area with a small drinks bar. Gents and Ladies WC located to the lower ground floor.

    First Floor: Function room and a balcony area overlooking the front. Gents and Ladies WC.

    Second Floor: Three rooms offering useful office/storage space.

    Net Internal Area (NIA):

    Ground Floor 93.97 m² 1,011 sq ft approx.
    First Floor 88.70 m² 954 sq ft approx.
    Second Floor 34.54 m² 372 sq ft approx.
    Basement 87.22 m² 939 sq ft approx.

    Total 304.43 m² 3,277 sq ft approx.

    To the front outside there is an enclosed and decked forecourt. To the rear there is external fire escape staircase serving ground and first floor and a designated area for parking a small number of cars.

    Services:
    All main services are connected to the property. None have been tested and no warranties given.

    Rating:
    From the voa website the 2023 Rateable Value is £17,000 under the description of restaurant premises.

    Interested parties to make their own enquiries with regards to amount payable with Leeds City Council – Business Rates Department.

    Nb: The First Floor has been listed as a flat under council tax band A

    tenancy:
    The premises are let as a whole to Ms Choi trading as Yokohama Restaurant on a 10-year Full Repairing & Insuring (Fri) Lease from 29.09.17 without break and subject to a 5-year rent review (not exercised).

    The passing rent is £26,400 per annum exclusive payable monthly in advance.

    Tenure:
    Freehold Interest subject to existing/occupational Lease.

    Price: Guide £475,000 subject to contract.

    EPC:
    Certificate Ref No: Rating: 94 ‘D’

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    Monthly repayment

    £2,376 per month

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