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Queen St 10,695 sq ft 100% Let Retail Property Leeds LS27 8DW £750,000 (£70.13/sq ft) 9.83% Net Initial Yield
Investment Highlights
- High yielding retail and leisure investment opportunity
- Morley is the largest town in the Borough of Leeds after Leeds itself
- Situated with a highly prominent position on the corner of Queen Street and Albion Street in Morley Town Centre
- The property comprises a modern and versatile two storey purposebuilt retail and leisure property totalling approximately 10,695 sq ft.
Executive Summary
The property is situated in a prominent position on the corner of Queen Street and Albion Street in the heart of Morley town centre. Queen Street has been pedestrianised to improve the shopping experience in the Town including notable national occupiers such as Santander, Wells Pharmacy, Cooplands, Card Factory, Yorkshire Bank, William Hill, Betfred, British Heart Foundation, Wetherspoon as well as a number of local and regional independent retailers.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
10,695 sq ft
Costar Property Class
B
Year Built
1957
Price
£750,000
Price per sq ft
£70.13
Yield
9.83%
NOI
£73,725
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Frontage
Amenities
- Security System
- Storage Space
- Smoke Detector
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Queen St
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