High Street Retail Property to Rent, 5 North Lane, , LS6 3HG - CBRE

Overview

TO LET

The property is an amalgamation of two retail units arranged over ground and first floor. Ground floor comprises a large main sales area and interview rooms while the first floor comprises a staff room, WC’s, ancillary storage space and the plant room. There is a shared service yard to the rear of the property. Tenure The property is currently held on an existing lease expiring 28/09/2025 with a tenant option to determine the lease on 28/09/2020. Rent The current lease is passing at £47,500 per annum exclusive of all other costs. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £36,750.00 and the rates payable are £18,044.25 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Headingley is a suburb of Leeds in West Yorkshire, approximately 3 miles to the north-west of the city centre. The area is popular with students and young professionals and supports an array of independent and multiple occupiers. The property is situated on North Lane, near to the junction with Otley Road. Occupiers in the area include Sainsbury’s Café Nero, Pizza Express and Santander.

Sizes and Measurements

Total Size

2,132sqft

Sales Area

1,265sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,265sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

867sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

28/09/2025

Lease type

Assignment

For rent

£47,500/pa

UBR

49.1p

Rateable Value

£36,750.00

Business Rates

£18,044.25/pa

Specification

  • Leasehold Available
  • Busy Town

Floorplan

GOAD

Photos

PIC

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