Manchester House 50 & 50A Oxford Road, Leeds

Asking Price of £395,000
For Sale
Office

FOR SALE, INVESTMENT / DEVELOPMENT OPPORTUNITY, RETAIL / BANKING HALL AND OFFICES, CURRENTLY GENERATING £27,150 P.A. GUIDE PRICE: £395,000

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Call our office on: 01943 662662 or:

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LOCATION
Guiseley is a thriving town, 11 miles north west of Leeds and 8 miles north east of Bradford. There is a mainline railway station to both Leeds and Bradford.

Situated on the junction of Oxford Road and Otley Road in central Guiseley, Manchester House represents a rare opportunity to acquire an investment with future development potential.

DESCRIPTION
Manchester House is a prominent terraced property arranged over basement, ground and two upper floors, in the centre of Guiseley. A stone built property under a pitched roof, it offers versatile accommodation with redevelopment potential.

ACCOMMODATION
Sq. Ft.Sq. M
Basement Storage 335 47
Ground Retail 625 58
First Floor Offices 710 65
Second Floor Offices 540 50
TOTAL 2210 220

SPECIFICATION
Banking Hall
* Air Conditioning Units
* Suspended Ceiling with Recessed Lighting
* Kitchen and W.C.s

Offices
* Gas Fired Central Heating
* Carpeting
* Kitchen and W.C.s

LEASE DETAILS
Banking Hall:
A 5 year lease to Bank of Scotland plc from 1 November 2016. There is a break clause, effective from 1 November 2019. The current rent is £19,000 p.a.

Offices:
A 5 year lease from 25 March 2015 at an annual rent of £8,150 p.a.

GUIDE PRICE:
£395,000 for the benefit of the freehold interest, subject to existing tenancies.

VAT:
Not applicable.

SERVICES:
We understand that all mains services are installed or are available. However we recommend that prospective occupiers make their own enquiries as to the availability, suitability and capacity of such services.

RATEABLE VALUE
Ground Floor and Basement - £17,000
First and Second Floor - deleted

VIEWING
Strictly by appointment only, contact:-
Richard Heslop: 01943 662662
Or email richard@daleeddison.co.uk