158 LOW LANE, HORSFORTH, LS18 5QW
The property comprises the ground floor of a two-storey building previously used as a Bridal shop. The property comprises a long leasehold interest which is being sold. The building is of traditional construction with walls faced externally in stone with the roof being a stone slated pitched roof over the flat above which is not part of this sale. There is a UPVC display window to the front.
The property stands in a mixed locality amongst some retail and some residential property on Low Lane close to the centre of Horsforth and readily accessible for Horsforth Railway Station. Leeds City Centre is about seven miles away and there is easy access to the Leeds Outer Ring Road.
The property benefits from mains water, drainage and electricity. No test of the services has been made. Purchasers should rely on their investigations.
The last use of the property was as a Bridal shop. Purchasers should make their own enquiries with the Local Authority.
The property has below entry in the 2023 Rating Assessments List. Interested parties should confirm these with the Local Authority.
| Rateable Value (2023) | Estimated rates payable |
| £7,600 | £3,800 |
Potential owners/occupiers may qualify for small Business Rates Relief and the appropriate enquires should be made at Leeds City Council.158 Low Lane Horsforth
The property is offered for sale for the balance of the long leasehold interest in the sum of £90,000.
The property is leasehold for a term of 987 years 11 months and 25 days from 6 December 2012 at an annual Ground Rent of £75 per annum. There is a responsibility to contribute 50% of the expenditures of the freehold on the external main walls, roof, foundations, gutters and rainwater pipes.
Each party is to be responsible for their own legal costs incurred in the transaction.
Our client advises that VAT is not chargeable on this transaction. Your legal advisors should verify.