Cheltenham Crescent, Harrogate, HG1 1DH

£295,000

LOCATION
The premises are located in a prominent position on Cheltenham Crescent in Harrogate Town Centre, within a short walk away from the bus/train stations as well as the main retail quarter.

DESCRIPTION
An opportunity to purchase a double fronted large ground floor retail unit including a good sized basement. The unit is currently let to a dry cleaning business on a 10 year FRI lease from 15 February 2018, achieving a rental figure of £24,000 per annum offering a great investment opportunity with a yield in excess of 8.1% based on the asking price.

The unit was fully redeveloped and re-wired in 2012, with a new heating system installed. Internally the space is predominantly open plan and is decorated to a high specification throughout.

Available for sale separately with FSS upstairs is a large 3-4 bedroom maisonette flat having the benefit of its own dedicated entrance offering accommodation of the highest order.

SERVICES
All mains services are connected to the property.

TERMS
Freehold.

OUTGOINGS
Rateable value: £20,500 - Uniform Business Rate for 2018/19 £0.493.

VAT
All figures quoted are deemed exclusive of VAT where applicable.

LEGAL COSTS
Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.

PLANNING
Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.

VIEWING
If you would like to view this property, please contact FSS on 01423 501211 and we will be pleased to make an appointment.

Our next auction is on 1st October 2019

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