10 Central Road Leeds West Yorkshire LS1 6DE

10 Central Road
Leeds
West Yorkshire
LS1 6DE

Prime City Centre Retail Investment

Let on a New 10 Year Lease t/a Out Of This World
City Centre shopping quarter location
Directly opposite the Central Arcade Shopping Centre and close to The Corn Exchange, Leeds Kirkgate Market and Trinity Shopping Centre
Neighbouring occupiers include River Island, Five Guys, JD Sports, Nandos, Marks & Spencer, Wagamama and Burger King

Lot
22
Auction
13th February 2025
Rent
£32,000 per Annum
Status
Available
Guide*
£325,000 - £350,000
Auction Venue
Live Streamed Auction

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Prime City Centre Retail Investment

Let on a New 10 Year Lease t/a Out Of This World
City Centre shopping quarter location
Directly opposite the Central Arcade Shopping Centre and close to The Corn Exchange, Leeds Kirkgate Market and Trinity Shopping Centre
Neighbouring occupiers include River Island, Five Guys, JD Sports, Nandos, Marks & Spencer, Wagamama and Burger King

Lot 22
Auction 13th February 2025
Rent £32,000 per Annum
Status Available
Guide* £325,000 - £350,000
Sector
Retail, High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 15 miles south Harrogate, 26 miles south-west of York, 44 miles north-east of Manchester
Roads: M621, M1, A1(M), A64
Rail: Leeds Railway Station
Air: Leeds Bradford Airport

Situation

Leeds is the third largest city in the UK, with a resident population of over 750,000. The city boasts excellent communication links being within close proximity of the A61, M62 and M1. Leeds is the third busiest railway station outside of London with over 31 million passengers per annum.

The property is prominently situated in Leeds City Centre's shopping quarter, on the corner of Central Road. The Central Arcade Shopping Centre is located directly opposite the property and the Corn Exchange, Leeds Kirkgate Market and Trinity Shopping Centre are all within a close proximity. Neighbouring occupiers include River Island, Five Guys, JD Sports, Nandos, Marks and Spencer, Wagamama and Burger King.

Tenure

Virtual Freehold. Held for a term of 999 years from 26th July 2024 at a fixed peppercorn rent.

Location

Miles: 15 miles south Harrogate, 26 miles south-west of York, 44 miles north-east of Manchester
Roads: M621, M1, A1(M), A64
Rail: Leeds Railway Station
Air: Leeds Bradford Airport

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from 26th July 2024 at a fixed peppercorn rent.

Description

The property comprises a ground floor shop benefitting a significant return frontage and retail/ancillary accommodation at the basement floor and forms part of a larger building.

VAT

VAT is applicable to this lot.

EPC

Band C

Description

The property comprises a ground floor shop benefitting a significant return frontage and retail/ancillary accommodation at the basement floor and forms part of a larger building.

VAT

VAT is applicable to this lot.

EPC

Band C

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground Basement	Retail Retail/Ancillary	93.06 112.21	(1,002) (1,207)	INDIVIDUAL t/a Out of This World	10 years from 1st January 2025 until 31st December 2034 (1)	£32,000	5 yearly
Total Approximate Floor Area		205.27	(2,209) (2)			£32,000

(1) The lease is excluded from the Security of Tenure provisions of the Landlord and Tenant Act 1954
(2) The floor areas stated above those those published by the Valuation Office Agency (www.voa.gov.uk)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.