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2-4 Bondgate, Otley, LS21 3AB
Description
- 2-4 Bondgate forms part of a terrace of properties. It is arranged over ground and two upper floors. The ground floor comprises a commercial unit occupied by Dacres Estate Agents with offices and storage on the first floor. The second floor is residential, comprising a self-contained large apartment accessed from the rear.
LOCATION
Otley is a thriving market town, located 12 miles northwest of Leeds. The property occupies a strong trading position on Bondgate close to its junction with Kirkgate, the prime retail thoroughfare. Neighbouring occupiers include Boots the chemist and Costa Coffee.
FLOOR AREASFLOOR SQ. M. SQ. FT. Ground 41 440 First 49 530 Second 61 655 TOTAL 151 1625
THE INVESTMENT
A. Ground and first floor - a new lease has been agreed with Dacres for a term of six years at an initial rent of £12,500 p.a. There is a rent review at the end of the third year.
B. Second floor - a large apartment recently refurbished and let under an AST. The monthly rent is £700.
The annual rent is £20,900 p.a.
TERMS
The property is available freehold with the benefit of the existing tenancies at a sales price of £249,500.
EPC
Ground and first floor – ‘C’
Second Floor – ‘E’
RATEABLE VALUE
Ground and First Floor - £7,900.
Apartment – Band A
LEGAL COSTS
Each party responsible for their own legal costs.
SERVICES
We understand that all mains’ services are installed or are available. However, we recommend that prospective occupiers make their own enquiries as to the availability, suitability and capacity of such services.
VIEWING
Strictly by appointment only, contact:-
Richard Heslop: 01943 662662
Or email richard@de-commercial.co.uk
Overview
- Purpose: Sold
- Sale price: £249500
- Land area: 1625ft2
- Post Code: LS21 3AB
Indoor amenities
Outdoor amenities
Multimedia
Location
53.904223
-1.693735
2000
WALKING
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3
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Details
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Overview
- Address: 2-4 Bondgate Otley LS21 3AB
- Purpose: Sold
- Sale price: £249500
- Land area: 1625ft2
- Post Code: LS21 3AB
- Views counter: 501
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