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For Sale
West Yorkshire


FREEHOLD RETAIL SHOP PREMISES in Morley, Leeds for Sale. Single fronted property over three floors to include ground floor retail shop of approximately 20.5 square metres (220 sq ft). Recently refurbished, self-contained first floor (20.5 square metres / 220 sq ft) with newly fitted kitchen. Second floor area of 22.1 square metres (238 sq ft) with newly installed bathroom. There is flagged yard to the rear of the property and access door to all parts of the property. Queen Street in Morley town centre is a popular street leading from the pedestrianised shopping precinct, and heading down toward what is locally known as Morley Bottoms, known for its cluster of independently owned bars, cafes, eateries and shops. The shop premises sits in a parade of terraced properties with ground floor shop fronts and residences on upper floors. Rarely do freehold investment properties on Queen Street come to the open market and this property is particularly attractive given its recent refurbishment and very realistic asking price. We envisage the potential annual rental income, fully let (with residential application on the upper floors completed), to be in the region of £14,400 making this a terrific property investment producing a 12% per annum return on capital invested. Alternatively, the ground floor shop could be easily and cheaply converted, making the entire property one whole residence again (again, subject to any necessary planning permissions). EPC Band E.

Vacant Unit





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