High Street Retail Property to Rent, Duncan Street, , LS1 6DQ - CBRE

Overview

LEASEHOLD AVAILABLE

The premises occupy ground floor comprising a main sales area, customer toilets, staff accommodation and storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 24/12/2026, with the option to break on 24/12/2021. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £50,000, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £57,000.00 and the rates payable are £29,184.00 pa. The UBR for 2019/2020 is 51.20p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Leeds is the principal retail and commercial centre in the North East of England. By road, the city is strategically close to the M1, A1(M) and M62, providing convenient access to the nation’s motorway network. The subject property is located on Duncan Street, a short distance from Boar Lane, Briggate and The Trinity Shopping Centre, all of which form Leeds retail provision. Duncan Street, along with Lower Briggate and Call Lane act as the entertainment sector in the city. National retailers in the immediate vicinity include Five Guys, Pie Minister, Nando's and Yorkshire Building Society.

Sizes and Measurements

Total Size

1,274sqft

Sales Area

1,274sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,274sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

24/12/2026

Next Lease Break

24/12/2021

Lease type

Assignment

For rent

£50,000/pa

UBR

51.2p

Rateable Value

£57,000.00

Business Rates

£29,184/pa

Specification

  • Leasehold
  • City Centre

Floorplan

DUNCAN ST

Photos

IMG_1386