121- 121A Town St 975 sq ft 100% Let Retail Property Leeds LS18 5BL £240,000 (£246.15/sq ft) 7.01% Net Initial Yield

Opportunity to acquire a retail investment property within popular Leeds suburb. The comprises ground and first floor retail accommodation extending to approximately 795 sq ft, together with basement storage. The property is fully let with the ground floor let on a six year lease FRI from 1 March 2025, at an annual rental of £11,000, subject to review on 1 March 2028. The lease incorporates a tenant only break on 1 September 2027 upon service of 6 months notice. The first floor is let on a six year FRI lease from 1 March 2025 at an annual rental of £6,520. The property produces a total annual income of £17,520 per annum, reflecting an attractive net initial yield of approximately 7.01% after purchaser’s costs, and benefits from strong occupier demand, nearby amenities. Located on Town Street, Horsforth within Horsforth’s main high street, in the heart of this affluent and popular Leeds suburb 5 miles from Leeds city centre.