Property Type | Investment / Retail |
Tenure | For Sale |
Size | 826 sq ft |
Price | £175,000 |
Rates Payable | Current rateable value for 154&156 Kings Road is £21,000. We understand the property would be eligible for small business rate relief (no rates payable) as the value for 154 would be below the £12,000 rateable value. Interested parties are advised to contact the local rating authority North Yorkshire County Council on 01423 500600. |
EPC Rating | This property has been graded as C (71) |
The property is situated within a parade of shops on the Kings Road which links the A61 Ripon Road to the west and the A59 to the east of Harrogate Town Centre.
The property comprises the ground floor and basement of a mid-terrace, three storey building under a pitched tiled roof with ground floor open plan retail accommodation and ancillary office/staff facilities to the rear of the property. The self-contained three bedroom flat is available as a separate listing.
Name | sq ft | sq m | Availability |
Basement - Storage | 426 | 39.58 | Available |
Ground - Floor Sales | 444 | 41.25 | Available |
Ground - Ancillary | 382 | 35.49 | Available |
Total | 1,252 | 116.32 |
Harrogate is located approximately 17 miles north of Leeds, 21 miles west of York, 11 miles west of the A1(M) and 9 miles from Leeds/Bradford airport.
Harrogate is one of the largest commercial centres in North Yorkshire and is one of the leading conference and exhibition centres in the north of England.
The ground floor retail premises are currently let out on a 10 year lease at £15,000 wef 18/01/23. There is a tenant only break clause at the end of year 5 (18/01/2028).
The freehold of the whole building is available subject to the occupational lease on the ground floor shop let to a Pharmacy Practice (formerly Lloyds) and the long leasehold interest on the residential flat above.
We understand the property is not elected for VAT and so VAT will not be applicable on the rent.