Lot
095
Auction: May 2024 Online Auction 22/05/2024 - Bidding opens Tuesday 21st May 10:00 AM

13 Wesley Street, Otley, West Yorkshire, LS21 1AZ

Property Details
Location
Auction Details
Description
This mixed-use property, in the market town of Otley, would make a good addition to a portfolio. The ground floor, currently occupied by a private taxi hire company is let at £6,000 per annum on a 5 year lease, commencing August 2023. To the first and second floors there is a two bedroom duplex flat let at £450 per calendar month. The total rent equates to £11,400 per annum which provides an investor with a return, in excess of, 12%, based on the guide price. We have been advised that the flat may require some updating. Pugh & Co have not inspected the property and images will be updated shortly.

Location
The property is located just off the A659, which provides access to the Pool in Wharfedale and Harrogate as well as the A1. The immediate area is mixed in nature with retail, residential properties and restaurants within close proximity.
Accommodation

Ground FloorTwo Office Rooms. Flat Entrance
First Floor Landing, Lounge and Kitchen
Second FloorTwo Bedrooms and Bathroom

Outside
A small yard to the rear.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MAY AND CLOSES ON WEDNESDAY 22ND MAY.

3. Energy Performance Certificate = 13 Wesley Street - D
13A Wesley Street - F

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