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34, Strathmore Avenue, Leeds, LS9 6AY

Mixed Use Freehold Property – Ground Floor Retail Premises & Four Bedroom Flat
Location: 34 Strathmore Avenue, Leeds, LS9 6AY
Property type: Mixed Use, Other Property Types & Opportunities
Tenure type: For Sale Freehold
Tenancy type: Vacant
Features
Retail unit to the ground floor
Four-bedroom accommodation to the upper floors
Close to local amenities
Excellent transport links
Sold with vacant possession
Freehold

Location
The property occupies a corner plot and is located on Strathmore Avenue, in Harehills, an inner-city area of Leeds. It is approximately one mile north east of Leeds city centre.
In the immediate vicinity, amenities include numerous retail outlets such as Asda and Morrisons, as well as restaurants and takeaways. The community benefits from an array of local schools, hospitals, libraries and community halls.
Further amenities and activities can be found nearby in Leeds city centre, just over a ten-minute walk from the property, or easily accessed by the excellent public transport services. West Yorkshire Metro provide a developed bus service throughout the city. Leeds is also one of the principal hubs of the Northern railway network being served by sixteen railway stations.
Description
• For Sale By Online Auction: 27th – 28th March 2019
• Guide Price: £95,000+
• Freehold mixed-use retail and residential property
• Ground floor retail unit and four bedroom flat
• Sold with vacant possession

Comprising a mixed-use corner terrace, this property is currently trading as a well-established traditional fish and chip shop to the ground floor and to the upper floors there is four-bedroom accommodation. The main trading area, secondary preparation area and all storage is currently located on the ground floor with access from both the front and rear of the property.
The ground floor comprises the retail unit, with the counter and serving area being located upon entrance, while the kitchen and preparation area are situated towards the rear of the shop. The retail premises are presented to a favourable standard with an excellent range of fixtures and fittings to accompany the sale, including a three-pan fryer which is regularly serviced to insurance levels.
To the upper floors, there is four-bedroom accommodation, accessed by as separate means of entrance to the rear of the property. The first floor comprises of a kitchen fitted with worktops, furnishings and space for appliances, a three-piece suite bathroom with tiled walls and a large carpeted living/dining area. All four bedrooms are located amongst the top floor of the property.
Externally, the property enjoys off road parking and a small yard area to the rear.
Accommodation
Total floor area is approx. 95 Sq. M (1022 Sq. Ft)
Measurement taken from the EPC

Services
We understand the property has mains gas, electricity, water and drainage. However, interested parties should make their own enquiries.

Tenure
Freehold


Investment Analysis
The flat above is vacant; however, we envisage it could let at £600 pcm which produces an annual income of £7,200. This would represent a potential gross yield of 7.5%, based on the guide price.
Guide Price
£95,000+

Buyer’s Premium
2% (min. £3,600) Inc. VAT

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