FOR SALE

MIXED USE INVESTMENT CONSISTING OF TWO RETAIL UNITS AND SIX APARTMENTS

• Available to purchase as a whole or as two individual lots • Total income £48,256 per annum • £550,000 subject to contract

400 / 402 KIRKSTALL ROAD LEEDS

LS4 2JX

400 / 402 Kirkstall Road, Leeds, LS4 2JX LOCATION The property is predominantly located fronting Kirkstall Road (A65) but also has side frontages to Bankfield Terrace and Sowood Street. Kirkstall Road (A65) forms one of the main arterial routes into Leeds city centre, with the accommodation situated approximately 1.5 miles North West of the city centre. In close proximity are a number of national retailers including Asda, Iceland and Poundworld. DESCRIPTION The property forms a brick built terrace surmounted by a pitched roof. The ground floor comprises two retail units (400 & 402), each of which benefits from a frontage on to Kirkstall Road and a return frontage on to Sowood Street and Bankfield Terrace respectively. 400 Kirkstall Road consists of a ground floor with reception area to the front of the accommodation whilst to the rear is an area suitable for the current tenant’s use as a hairdressers. The basement facility is accessed via a staircase located to the rear of the ground floor and provides an additional number of treatment rooms in line with the current tenants use. Access to this element of the property is also possible via a wide external staircase with double loading doors. 1 Sowood Street consists of three studio apartments all of which are fully self-contained with their own services. To the first floor are two studio apartments whilst a third apartment with separate bedroom and living accommodation is situated to the second floor. 402 Kirkstall Road consists of a ground floor office unit situated to the front of the accommodation with an additional storage / rear office located to the back. Separating both elements is a central staircase which leads to a basement facility providing an area of storage with a kitchen/ WC facility. This accommodation has previously been used as an Insurance Office but more recently has been let for use as a Tattoo Studio. 2 Bankfield Terrace consists of three studio apartments all of which are fully self-contained with their own services. To the first floor are two studio apartments whilst a third apartment with separate bedroom and living accommodation is situated to the second floor Each element has the provision of forecourt car parking located to the side of the property.

400 / 402 Kirkstall Road, Leeds, LS4 2JX ACCOMMODATION Sq M Sq Ft 400 Kirkstall Road Ground Floor 49.61 534 Basement 33.30 358

82.91 892 402 Kirkstall Road Ground Floor 36.60 394 Basement 34.91 375 Total 71.51 769 The residential accommodation has been measured on a gross internal area basis Sq M Sq Ft 2 Bankfield Terrace (Flat 1) 15.88 171 2 Bankfield Terrace (Flat 2) 21.27 229 2 Bankfield Terrace (Flat 3) 25.68 277 1 Sowood Street (Flat 1) 19.41 209 1 Sowood Street (Flat 2) 20.65 222 1 Sowood Street (Flat 3) 33.48 360 RATES We have made internet enquiries only and understand the premises are currently assessed as follows: -

Unit Rateable Value 400 Kirkstall Road £8,300 402 Kirkstall Road £6,000

We understand the residential apartments are liable for Council Tax ENERGY PERFORMANCE RATINGS

Address Rating 400 Kirkstall Road G (197) 402 Kirkstall Road E (106) 2 Bankfield Terrace (Flat 1) D (67) 2 Bankfield Terrace (Flat 2) E (54) 2 Bankfield Terrace (Flat 3) E (44) 1 Sowood Street (Flat 1) D (64) 1 Sowood Street (Flat 2) E (48) 1 Sowood Street (Flat 3) E (46)

400 / 402 Kirkstall Road, Leeds, LS4 2JX

TERMS The property is available as a whole for a price of £550,000 subject to contract, alternatively the accommodation can be bought as two separate holdings for the following prices: 400 Kirkstall Road/1 Sowood Street: £282,500 subject to contract. 402 Kirkstall Road/2 Bankfield Terrace: £267,500 subject to contract. VIEWING/FURTHER INFORMATION Viewing is strictly by appointment with the joint agents. For further information or to arrange a viewing please contact:

CARTER TOWLER LTD DACRES COMMERCIAL Coronet House, Queen Street, Regent House, Queen Street, Leeds LS1 2TW Leeds LS1 2TW

Tel: 0113 245 1447 Tel: 0113 386 3100

David Towler Matthew Brear davidtowler@cartertowler.co.uk mpb@dacres.co.uk

(Reference CDT.CM.15566)

Details prepared October 2015