Log In/Sign Up
Your email has been sent.
75 Queen St 2,342 SF Retail Building Leeds LS27 8EB $268,543 ($114.66/SF) 9.30% Cap Rate
Investment Highlights
- Prominently positioned
- Character building
- Excellent visibility
Executive Summary
Opportunity to acquire this prominently positioned restaurant premises. The property is let in it’s entirety to a private individual trading as Spice Lounge. The property is let from 21 October 2025 on a 10 year straight FRI lease at £19,020 per annum. There are 12 monthly rent reviews within the current lease. Offers in excess of £200,000 are sought for the freehold interest, this shows a NIY of 9.3% taking into account usual purchaser’s costs.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,342 SF
Building Class
C
Year Built
1990
Price
$268,543
Price Per SF
$114.66
Cap Rate
9.30%
NOI
$24,974
Tenancy
Single
Building Height
4 Stories
Building FAR
1.00
Lot Size
0.05 AC
Frontage
23’ on Queen Street
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Storage Space
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
75 Queen St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.