This substantial mixed-use premises occupies a prominent position on Armley Road and is sure to be of interest to any investors or developers looking to take advantage of the existing income while realising its clear potential for it to earn more. The property is currently split into several sections (some occupied and some vacant) with a total income of £60,000 per annum being produced from a furniture showroom and rear workshop, a mixed martial art gym (currently being fitted out) and a micro-cement storefront, gallery and training academy (also currently being fitted out). The remainder of the property including the red brick section with a pitched roof fronting Armley Road and the three storey factory building to the rear are vacant and in need of significant refurbishment. Although we have been unable to accurately measure all parts of the premises, we estimate that the accommodation in its entirety totals approximately 29,679 sq ft (2,757 m2). Externally, a section of the car park to the rear which has been highlighted in the photographs is also included within the sale. The property is located on the A647 Armley Road, leading directly into Leeds city centre less than two miles to the east.

Additional Information

Local Authority

Leeds City Council

EPC Rating

Unit 206 - B

Tenure

Freehold

Charges and 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.

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.