>
Mixed use for sale
Lowtown, Pudsey
£300,000
Lowtown, Pudsey
£300,000
Our Summary
- MIXED-USE INVESTMENT POTENTIAL Shop unit and separate duplex 3 bedroomed apartment to the first and second floors fronting Lowtown close to the heart of Pudsey Town Centre
Description
[INST]<>
A mixed-use property comprising a shop unit and a duplex apartment located in Pudsey, West Yorkshire, is available for purchase. The shop unit, which currently operates as a Hair & Beauty salon, is situated on the ground floor with additional space for a wash station, prep area, store, and a w/c. The property also includes a gated yard at the rear. Above the shop, there is a three-bedroom duplex apartment spanning the first and second floors, featuring a lounge, kitchen, bathroom, and three bedrooms. The property is situated in Lowtown, a vibrant area close to Pudsey Town Centre, with easy access to both Leeds and Bradford via the A647 Stanningley Road Bypass. The shop unit is let on an existing term until the end of December 2025, with the option for the tenant to vacate earlier. The current rent is £550 per month, with an anticipated rent of £12,000 per annum upon a new term. The apartment comes with immediate vacant possession. The property has a rateable value of £6,900, with Small Business Rates Relief currently in place, meaning no rates are payable. The Energy Performance Certificates for both the shop and the apartment are currently being assessed. Viewings are available upon request, and interested parties are advised to act quickly to take advantage of this opportunity. Stoneacre Properties is acting as the agent for the vendors and provides this description as a general outline for guidance only. Prospective buyers or tenants should conduct their own due diligence to verify the details. All offers are subject to contract, and the property details were prepared in July 2024.
(Note: The above description has been summarized and rephrased for clarity and conciseness, removing the list format and integrating the information into a cohesive paragraph.)