Description
The property comprises a detached three storey building (above basement) of masonry / brick construction, partly rendered, sat beneath a number of pitched and flat roofs. To the ground floor is a public house and retail shop unit and to the first and second floors are three residential maisonette flats. Externally, to the rear, the property includes three garages as well as an electricity substation and car park.

The public house provides a traditional two room operation with interconnecting bar servery. Ancillary trading facilities include a ground floor beer cellar and Customer WCs.

Flat 1 has previously been included within the public house demise but may be sub let separately.

The retail shop currently trades as Mace Stores. The current tenant is holding over on a former lease.

Flat 2 is sub let on an Assured Shorthold Tenancy at a passing rent of £7,500 per annum.

Flat 3 is currently vacant.

Tenure
Leasehold. The property is available to let by way of an assignment of the head lease dated 1 May 1972 for a term of 85 years from 1 June 1970. The passing rent is £25,000 per annum.

The lease is full repairing and insuring with rent reviews every 14 years, the next review is due on 1 June 2026. The basis of the rent review is to the Open Market assuming a commercial use disregarding tenants’ improvements and licensed use. The permitted use under the lease is licensed premises, shops, maisonettes, garages and sub-station. Alienation of the whole or part is permitted with landlord’s consent, not to be unreasonably withheld.

Occupation
Please refer to the attached brochure regarding lease and rent details for each property type.

Lease Premium
Offers in the region of £95,000.

VAT & Stamp Duty Land Tax
VAT and SDLT may be applicable at the prevailing rate.

Planning & Conservation
Under the Town and Country Planning (Use Classes) Order 1987 (as amended) we understand the mixed use subject property benefits from Classes sui generis, E and C4 to accommodate for a public house, retail space, and residential flats.

We understand the property is not listed nor located in a Conservation Area / AONB / Green Belt land.

Licensing
The property has been granted a Premises Licence in accordance with the Licensing Act 2003.

Rating
The subject properties are entered in the 2023 Central Rating List as below:

Leeds Rifleman Pub - £2,150
Shop - £3,850

Council Tax
Flat 1 - Band A
Flat 2 - Band A
Flat 3 - Deleted

Energy Performance Certificate
Please refer to the brochure.

VAT
Figures stated are exclusive of VAT (if applicable). VAT and SDLT may be applicable at the prevailing rate.

Legal Costs
Each party to be responsible for their own legal and professional costs incurred in this transaction.

Viewing
All viewings must be arranged strictly by appointment with the sole selling agents Savills.

Anti Money Laundering Regulations
Money Laundering Regulations may require Savills to conduct checks upon all purchasers. Prospective purchasers may need to provide proof of identity and residence.