15 September 2026: Tuesday 15 September 2026 - 9:00am
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Floorplan
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    Key features

    • Comprising a gross internal area of circa 26,500 Sq Ft and providing some 13,500 Sq Ft of net of retail space in 60 separate stalls arranged across a split level ground floor
    • Sold subject to the existing tenancy arrangements generating approaching £350,000 p.a. plus casual income
    • 14 vacant units offer potential to generate an additional £100,000 p.a. approx. of licence fees
    • Two entrances from the pedestrianised Queen Street and additional entrances from Hope Street and Commecial Street
    • Significant frontage to Hope Street opposite Farmfoods and Home Bargains and to Commercial Street opposite a public car park
    • The traders are generally independent family busineesses. One third have been in occupation for over 10 years
    • VAT is Applicable to this Lot
    • Investment presently producing £360,000 p.a. (32.7% GIY on Guide Price), Plus circa 14 vacant units

    Description

    Morley Market is believed to date back to around 1880 and is arranged across a split level ground floor affording a gross internal area of circa 26,500 Sq Ft, it provides some 13,500 Sq Ft net of retail space within around 60 separate stalls and retail units of various sizes.

    A handful of units enjoy window frontages. Individual stalls and retail units are generally let on inclusive “easy-in easy-out” licence arrangements with individual traders bearing responsibility for their own business rates and electricity charges

    See Morley Market Website

    Additional information

    Tenure

    Freehold

    Tenancy

    The property is let on a number of seperate tenaancy agreements with all traders being responsibe for their own business rates and electricity charges.

    The Tenancy Ageements currently produce approximately £350,000 p.a.

    In addition there is extra casual income generated from pop up stalls that produces approximately £10,000 p.a.

    Rent

    £360,000 p.a.

    Notes

    Joint Auctioneer


    John Freedman

    John Freedman & Co

    020 7289 2000

    john@johnfreedman.co.uk


    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflectthe exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Morley is a popular and expanding market town located approximately 5 miles south-west of Leeds City Centre.

      The principal shopping is centred around Queen Street.

      Morley Market can be accessed from the pedestrian section of Queen Street, where one entrance adjoins Ladbrokes and another entrance adjoins Cooplands.

      The Market has significant frontages to and entrances from both Hope Street (opposite Farmfoods and Home Bargains) and to Commercial Street opposite a public car park

      Transport

      The town is located in the middle of the M62 and M621 Motorways to the east of junction 27 linking Morley to Leeds, Manchester and Hull

      Morley train station provides regular services to Leeds, Huddersfield and Wigan

      Occupiers close by include Ramsdens, Boots, Betfred, Santander, Hays Travel, Greggs, Savers, Home Bargains and Farmfoods

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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