368 Kirkstall Road Leeds West Yorkshire LS4 2HQ

  • 368 Kirkstall Road<br>Leeds<br>West Yorkshire<br>LS4 2HQ

368 Kirkstall Road
Leeds
West Yorkshire
LS4 2HQ

Freehold Retail Investment and Development Opportunity

  • Shop let to William Hill until September 2038 (subject to option in 2033)
  • Includes vacant upper floors (previously used as residential)
  • Busy location on Kirkstall Road (A65) directly opposite Cardigan Fields
  • Nearby occupiers include VUE Cinema, McDonalds, Hollywood Bowl, Five Guys Aldi, KFC, Pizza Hut and German Doner Kebab
  • VAT free investment
  • Lot
    41
  • Auction
    15th May 2025
  • Rent
    £8,000 per Annum Exclusive
    Plus vacant upper parts
  • Status
    Available
  • Guide*
    £75,000
  • Auction Venue
    Live Streamed Auction
  • Octopus Bridging Loan for Buyers
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Freehold Retail Investment and Development Opportunity

  • Shop let to William Hill until September 2038 (subject to option in 2033)
  • Includes vacant upper floors (previously used as residential)
  • Busy location on Kirkstall Road (A65) directly opposite Cardigan Fields
  • Nearby occupiers include VUE Cinema, McDonalds, Hollywood Bowl, Five Guys Aldi, KFC, Pizza Hut and German Doner Kebab
  • VAT free investment
  • Lot 41
  • Auction 15th May 2025
  • Rent £8,000 per Annum Exclusive Plus vacant upper parts
  • Status Available
  • Guide* £75,000
  • Sector
    High Street Retail, Residential, Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
1.5 miles north west of Leeds City Centre
Roads
M621, A58, A65,
Rail
Burley Park Railway Station, Leeds Railway Station
Air
Leeds/Bradford Airport
Situation

The property is located on the north side of Kirkstall Road (A65), a busy arterial route into Leeds City Centre. The property is situated sime 1.5 miles from Leeds City Centre in a popular retailing pitch, directly opposite Cardigan Fields, with occupiers including VUE Cinema, McDonalds, Hollywood Bowl, Five Guys Aldi, KFC, Pizza Hut and German Doner Kebab.

Tenure

Freehold.

Location
Miles
1.5 miles north west of Leeds City Centre
Roads
M621, A58, A65,
Rail
Burley Park Railway Station, Leeds Railway Station
Air
Leeds/Bradford Airport
Situation

The property is located on the north side of Kirkstall Road (A65), a busy arterial route into Leeds City Centre. The property is situated sime 1.5 miles from Leeds City Centre in a popular retailing pitch, directly opposite Cardigan Fields, with occupiers including VUE Cinema, McDonalds, Hollywood Bowl, Five Guys Aldi, KFC, Pizza Hut and German Doner Kebab.

Tenure

Freehold.

Description

The property comprises a ground floor shop together with vacant upper floors, previously used as residential.

The ground floor shop intercommunicates with 370 Kirkstall Road, also occupied by William Hill, which does not form part of the sale.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor shop together with vacant upper floors, previously used as residential.

The ground floor shop intercommunicates with 370 Kirkstall Road, also occupied by William Hill, which does not form part of the sale.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Gross Floor Areas
Approx sq m
Gross Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground Retail
46.05
(495)
WILLIAM HILL (NORTH EASTERN) LTD
(1)
15 years from 29/09/2023
until 29/09/2038
(2)
£8,000
29/09/2028
29/09/2033
First Residential
47.59
(512)
VACANT      
Second Residential
41.06
(441)
VACANT      
Total Approximate
Floor Area
 
134.70
(1,448)
   
£8,000
 

(1) William Hill is wholly owned by Evoke PLC. William Hill currently operate from over 1,300 locations across the UK (www.evokeplc.com).
(2) The lease provides a tenant option to determine on 29/09/2033.

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.

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Bishopsgate Law 99 Bishopsgate
London
EC2M 3XD
Sylvia Ihenacho 020 3206 1360sylvia@bishopsgatelaw.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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