103-107 Queen St | Morley LS27 8DW
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103-107 Queen St
Morley LS27 8DW
Retail Property For Sale
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
Executive Summary
The property comprises a highly prominent modern and versatile two storey purpose-built retail and leisure property. There are five well configured retail units at street level and a large open plan event space at first floor level. In the future, the first floor would lend itself to either office space or residential conversion into apartments subject to planning. The property has an attractive curved glazed frontage underneath a flat roof.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Building Size
10,695 SF
Building Class
B
Year Built
1908
Price
£750,000
Price Per SF
£70
Net Initial Yield
9.83%
NOI
£73,725
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
2.00
Lot Size
0.12 AC
Amenities
- Security System
- Storage Space
1 of 4
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