High Street Retail Property to Rent, Merrion Street, , LS2 8LQ - CBRE

Overview

LEASEHOLD AVAILABLE

The premises occupy ground and basement floor comprising a main sales area, customer toilets and staff accommodation while the basement provides storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 14/11/2029, with the option to break on 24/12/2024. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £45,000, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £35,750.00 and the rates payable are £17,839.25 pa. The UBR for 2019/2020 is 49.90p. 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 premises occupy a position at the entrance to St Johns Centre, fronting Merrion Street. The scheme is acknowledged as being a retail and leisure destination with the centre attracting annual footfall of c.8,500,000. The centre provides circa 325 car parking spaces, complimenting the retail offering. Key occupiers in the immediate vicinity include McDonalds, Taco Bell, KFC and Café Nero.

Sizes and Measurements

Total Size

747sqft

Sales Area

747sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

747sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

14/11/2029

Lease type

Assignment

For rent

£45,000/pa

UBR

49.9p

Rateable Value

£35,750.00

Business Rates

£17,839.25/pa

Floorplan

LEODIS

Photos

IMG_1364