130 HIGH STREET FOR SALE BOSTON SPA LS23 6BW
AN ATTRACTIVE FREEHOLD SHOP INVESTMENT WITH RESIDENTIAL REFURBISHMENT OVER & TO THE REAR
LET RETAIL UNIT PRODUCING £11,000 PER ANNUM WITH SEPARATE VACANT MAISONETTE
• RARE FREEHOLD INVESTMENT • EXCELLENT LOCATION IN SOUGHT AFTER & HIGH VALUE CENTRE • REVERSIONARY SHOP CURRENTLY LET PRODUCING £11,000 PER ANNUM • RESIDENTIAL REFURBISHMENT OPPORTUNITY TO THE REAR • OVER THREE FLOORS & WITH GARDEN
4 Park Place Leeds LS1 2RU 0113 243 0920 www.tappcs.co.uk
Regulated by RICS
LOCATION
The property is located in Boston Spa, one of the most prosperous and sought after commuter villages in the north Leeds conurbation and situated approximately 3 miles south east of Wetherby. Set in attractive countryside it has easy access onto the A1(M) just to the west.
Specifically, 130 High Street is situated on the south side of the High Street close to its junction with Church Street which runs south off it.
It has its principal frontage to the High Street although the residential part is accessed over the yard of the adjacent pub and from Church Street.
DESCRIPTION
130 High Street comprises a through mid-terraced property which is divided into a self- contained shop unit fronting High Street and then a residential section to the rear over three floors.
The property is of stone construction under a twin pitched, slated roof. The frontage meets the pavement although to the rear is a garden for the maisonette. There are pedestrian rights of access to the rear across the pub car park.
Most of the ground floor is given over to a shop let to a chartered accountant. It is divided into a front open area with rear store & WC.
The door to the residential section of the property is from the rear garden. It comprises a porch with a staircase down to the lower floor and with a separate door into the main body of the flat at first and second floors.
ACCOMMODATION
The property is divided to provide the following approximate areas:
DESCRIPTION NET INTERNAL AREA NET INTERNAL (SQ M) AREA (SQ FT) Shop Front sales 31.05 334 Rear stores 10.19 110 RETAIL TOTAL 42.24 434 Residential Basement 37.81 409 First floor (kitchen and lounge) 46.98 506 Second floor 16.22 175 RESIDENTIAL TOTAL 101.01 1,090
COMMERCIAL TENANCY
The shop is let by way of a lease to a chartered accountant at a current rent passing of £11,000 per annum. The contractual lease term has expired and the Tenant is ‘holding over’.
RATING
The VOA website has the following Rating assessment for the shop:
Description: Shop and premises Local Authority: Leeds Effective Date: 1 April 2017 Rateable Value: £8,500
EPC & SERVICES
EPCs are available upon request. We are advised the shop and flat are separately metered for electricity, gas and water services.
TENURE AND TERMS
The freehold interest in the property is offered for sale subject to the tenancy outlined above. Offers are invited in excess of £300,000 subject to contract.
VIEWING AND FURTHER INFORMATION
For further information and to make arrangements to view, please contact Tapp Chartered Surveyors on 0113 243 0920.
SUBJECT TO CONTRACT Details prepared May 2021
IMPORTANT NOTICE (Misrepresentation Act 1967)
Tapp Chartered Surveyors and any other selling / letting agents of the property for themselves, the vendors / landlords of the property described herein give notice that:-
1. Prospective purchasers / tenants are strongly advised to check these particulars including any fixtures and fittings and any furniture, furnishings, plant, machinery and other chattels expressed to be included in the sale or lease by making an inspection of the property and ensuring such items expressed to be included in the sale are available and in working order.
2. Prospective purchasers / tenants should make all necessary enquiries with all relevant professional advisors and all other appropriate authorities regarding the suitability of these premises for the proposed use.
3. Prospective purchasers / tenants must satisfy themselves as to the correctness of these particulars. No warranty or undertaking is given as to the accuracy thereof.
4. In making an offer, prospective purchasers / tenants will be deemed to have made all necessary searches and enquiries.
5. Any plans or photographs or drawings shown in these particulars are to enable prospective purchasers / tenants to identify the property. The plans are digitally reproduced and therefore not to scale except where expressly stated.
6. No warranty or undertaking is given in respect of the repair or condition of the property or any items expressed to be included in the sale. Prospective purchasers / tenants are advised to consider the need for a structural survey and, if appropriate, an environmental survey of the property by a professionally qualified person.
7. These particulars are not intended to form any part of an offer for sale or lease or contract for sale or lease. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor / landlord are those contained and expressly referred to in the written contract for sale / lease between the vendor / landlord and the purchaser / tenant.
8. Any prices, rents or service charges quoted are exclusive of Value Added Tax unless otherwise stated.