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Freehold Warehouse Building With Residential Planning For Sale

Leeds, West Yorkshire, UK
Asking Price:
£500,000
Turnover:
Available on request
Net Profit:
Available on request

FREEHOLD WAREHOUSE BUILDING WITH RESIDENTIAL PLANNING in Morley, Leeds for Sale.

Located in the centre of Morley, Leeds, West Yorkshire with outstanding motorway links. A former carpet warehouse and bed showroom, totalling approximately 6,326 sq ft (588 sq m) over ground floor, basement and first floor, plus car park of an additional 1,835 sq ft (170.50 sq m). The property has planning approval in principle for the demolition of the existing building and the erection of a block of eight self-contained apartments. Architects were conservative in the plans they provided to the planners for approval and are confident that a re-worked scheme for additional flats would be met with similar approval. The current building would be of interest to business owners seeking substantial warehouse or industrial space, investors looking to let the building for a rental return, or a developer seeking to take advantage of the residential planning approval. The deeds are unencumbered, free of any covenants, making this a rare and uncomplicated opportunity for developers. Electric, mains gas and water services are all in the building. Recently installed electrical consumer unit.

The Property Comprises:
Internally: Entry is from the car park through conventional doors as well as roller shutter doors for deliveries and additional security. Office. Steps and / or ramp lead to the main open plan showroom floor. Corridor leads beyond the customer WC, fire escape and small storeroom to a further showroom, additional fire escape and WC. The central portion of the building, between the showrooms, are a large storage area and staircases leading to the lower ground floor basement, and up to the first floor which has been compartmentalised into four rooms of equal size and a fire exit to a flat roof.
Externally: Car park easily accommodating six vehicles. Steel escape staircase from the flat roof. The building is of brick construction with mainly structural concrete floors throughout.
EPC Band B.

Property Information

Property:

Freehold