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121- 121A Town St 975 SF 100% Leased Retail Building Leeds LS18 5BL $325,645 ($333.99/SF) 7.01% Cap Rate

Investment Highlights
- Well Located on Horsforth Town Street
- Horsforth is approximately 5 miles from Leeds centre and 5 miles from Leeds Bradford Airport.
- Ground Floor & First Floor Retail
Executive Summary
Opportunity to acquire a retail investment property within popular Leeds suburb. The comprises ground and first floor retail accommodation extending to approximately 795 sq ft, together with basement storage. The property is fully let with the ground floor let on a six year lease FRI from 1 March 2025, at an annual rental of £11,000, subject to review on 1 March 2028. The lease incorporates a tenant only break on 1 September 2027 upon service of 6 months notice. The first floor is let on a six year FRI lease from 1 March 2025 at an annual rental of £6,520. The property produces a total annual income of £17,520 per annum, reflecting an attractive net initial yield of approximately 7.01% after purchaser’s costs, and benefits from strong occupier demand, nearby amenities. Located on Town Street, Horsforth within Horsforth’s main high street, in the heart of this affluent and popular Leeds suburb 5 miles from Leeds city centre.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
975 SF
Building Class
B
Year Built
1970
Price
$325,645
Price Per SF
$333.99
Cap Rate
7.01%
NOI
$22,828
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.12
Lot Size
0.02 AC
Frontage
38’ on Town Street
Amenities
- Bus Line
- Corner Lot
- Storage Space
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Nearby Major Retailers
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121- 121A Town St
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