14 Commercial Street, Leeds | Property for sale | Savills
Guide price £1,000,000(HK$10,360,797)

14 Commercial StreetLeeds

  • New
  • Sole agency
  • Freehold
Investment
Yield 9.8%Yield

Key features

  • Prime Retail Investment Opportunity
  • Freehold Retail Unit and Upper Parts
  • Fully Let to Cardzone Limited (t/a Mooch)
  • Five Year Lease Expiring 2028
  • 3,219 sq ft (299.05 sq m)
  • Prime Pedestrianised Pitch
  • Investment Let at £97,500 p.a. (9.75% GIY on Guide Price)

Prime Retail Investment in Central Leeds Freehold Unit and Upper Parts Let to Cardzone (t/a Mooch) on a 5 Year Lease Expiring 2028 and Paying £97,500 per annum

About this property

  • The property comprises a prime, high yielding, retail investment opportunity let to Cardzone and situated on a prime pedestrianised street in Leeds City Centre. Arranged across ground and three upper floors, the property is fully let to Cardzone Limited (trading as Mooch) on a five year lease expiring 2028 and producing £97,500 per annum. Commercial Street is one of the principal, pedestrianised, retail streets in Leeds City Centre. The surrounding area comprises a number of national retailers including Itsu, Zara and Starbucks. The property is directly opposite the Trinity Leeds Shopping Centre, the principal shopping centre in Leeds with tenants including Marks and Spencer, Boots and H&M.

Additional information

  • The property is fully let to Cardzone Limited (t/a Mooch) on a five year lease expiring 2028 and paying £97,500 per annum.
  • The lease is on full repairing and insuring terms and is within the security of tenure provisions of the Landlord and Tenant 1954 Act.
  • Cardzone Limited (t/a Mooch)
  • - D&B Rating - 4A2
  • - Turnover (2023) - £51.9m
  • - Pre-Tax Profit (2023) - £6.45m