Images for Beeston Road, Hunslet, Leeds

Investment For Sale
Beeston Road, Hunslet, Leeds

Offers In Excess Of £700,000

Description

  • INVESTMENT OPPORTUNITY
  • Passing Rent £63,802 per annum
  • Initial Yield 9.11%
  • Fully let investment opportunity
  • Busy district centre location
  • Positioned within 2 miles of Leeds City Centre
  • Occupiers include Boots, an independent pharmacy and hot food takeaway
  • May split

The property comprises 3 adjoining single storey retail units positioned within Beeston district centre. The buildings are constructed of brick and are fully tenanted generating an income of £63,801.84 per annum. 132 Beeston Road is occupied by Boots under an historic lease which has now expired, and they are holding over on the terms of this previous lease. The lease of 134 Beeston Road has approximately 5 years unexpired with 134a and 134b having approximately 11 years unexpired. The availability of the property presents and excellent opportunity to acquire an income producing investment which, based on the asking price, presents a yield of 9.11%.

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