Picture No. 23

House For Sale £400,000
Regent Road, Horsforth, Leeds, West Yorkshire, LS18


Description
*RESIDENTIAL, COMMERICAL & BUSINESS OPPORTUNITY* Rare opportunity for a BUYER/INVESTOR/BUSINESS OPERATOR to purchase a freehold property and a business established in 1925!
The residential part of the property is a stylish three bedroom dwelling which would be a lovely place for one to live and run the fish and chip shop, or rent out as an investor.

INTRODUCTION
A rare opportunity has arisen for a buyer, investor or a business operator to purchase a freehold property and a business, established in 1925! The residential part of the property is a stylish three bedroom dwelling which would be a lovely place for one to live and run the fish and chip shop, or rent out as an investor. The roof has recently been replaced and there is private on street parking. The business part of the sale is a long standing, highly recommended Fish and Chip shop that has seen customers queuing down the street for their favourite take away. The sale of the business would include all machinery to enable a turn key completion. The sale of the business can be independant of the sale of the house if so wished.

POTENTIAL INCOMES
The property generates £1,050 PCM (£12,600 PA) and is currently rented until appox. December 2023. The fish shop would generate in the region on £350 PW (£18,200 PA) and the business currently takes revenue of circa £5,000 PW. The total rental income would be a potential of circa £30,000 therefore at a £400,000 purchase price there would be a gross return of 7.5%.

SHOP
The commercial element of the property offers a well fitted, fully tiled shop with 3 pan high efficiency triple filtration Florigo range (new 2017). The lower ground floor offers separate access to the preparation room, kitchen, dry store, laundry and office space. As above, it is considered this would rent for £350 PW.

BUSINESS
An exciting opportunity to acquire an 'Award Winning' fish and chip shop, in this highly populated area of Horsforth! Having a weekly turnover of circa £5,000 from limited opening times, the business has VAST POTENTIAL to grow by increasing opening times & integrating delivery or online delivery & ordering system. The current owners formerly lived in the adjoining property & ran the business.

RESIDENTIAL
26 Regent Road is a recently updated, stylish and modern house comprising a comprehensive kitchen, large lounge/diner, three double bedrooms and a modern house bathroom. There is parking outside for up to three cars. This is currently rented out for £1,050 PCM until December 2023

GROUND FLOOR
Composite entrance door into...

ENTRANCE VESTIBULE
A modern and stylish first impression to the property. Staircase up to the first floor...

LOUNGE/DINER 15' x 16' (4.57m x 4.88m)
A great size reception room with feature fireplace and modern/stylish decor.

KITCHEN 7' x 9'6" (2.13m x 2.9m)
A comprehensive and stylish modern kitchen. Double electric oven and hob. Plumbed for a washing machine.

FIRST FLOOR

LANDING
A spacious landing with doors into...

BEDROOM ONE 12' x 16' (MAX) (3.66m x 4.88m (MAX))
A good size double bedroom with fitted wardrobes and window to the front elevation.

BEDROOM TWO 9'8" x 16'8" (2.95m x 5.08m)
Another good size double bedroom again with comprehensive fitted wardrobes.

BEDROOM THREE 11' x 10'3" (3.35m x 3.12m)
Another good size double with modern decor.

BATHROOM 11' x 9' (3.35m x 2.74m)
A luxurious four peice suite comprising large walk in shower, WC, wash hand basin and a free standing bath.

FLOORPLAN (Vendor providing)
See the floorplan which shows the layout of the commercial and residential layout.

FINANCIAL STATEMENTS
Reference to business trading income has been provided by the Vendor & buyers should satisfy themselves of the accuracy of these details. Accounts to April 2022 are available upon request & accounts for April 2023 are in the process of being produced.


Follow the link for more information:
        
onthemarket.com

  
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