For Sale By Auction | 12:00, 11 December 2024

2 Varley Street / 207 Richardshaw Lane, Stanningley, Leeds , West Yorkshire LS28 6AN

*Guide | £115,000 (plus fees)

  • Mixed Use

Call the team on 0113 393 3482 for more information

Auction Date

Wed 11/12/2024

Auction Time

12:00

Auction Venue

Live Stream

This mixed-use property comprises a ground floor salon on Richardshaw Lane with adjoining but self-contained two bedroom terrace to the rear on Varley Street also extending above the shop. It is currently fully let and producing a rental income of £13,140 per annum. When based on the quoted guide price this equates to a return of more than 11% and is sure to appeal to investors looking to add to their portfolios. Number 209 next door is also included within the December auction. The property is located close to the heart of Stanningley, West Leeds, with a number of shops and amenities a short walk away.

Ground Floor

Salon, lounge, wc and kitchen.

First floor

Two bedrooms and bathroom.

ADDITIONAL INFORMATION

Council Tax

Band B.

Tenure

Freehold.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Searches: £500 + 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.