High Street, Knaresborough, HG5 0HB

£225,000

LOCATION
The premises are located on the bustling Knaresborough High Street in the heart of Knaresborough Town Centre, with the Market place and Bus stations only a stones throw away.

DESCRIPTION
An opportunity to purchase a mid terraced property on Knaresborough High Street, which includes a ground floor shop and maisonette apartment above. The subject property is currently let and so offers a good investment opportunity.

The ground floor shop is let on a 3 year lease from May 2019 at a rent of £6,500 Per Annum. The Maisonette apartment is on an assured shorthold tenancy at a rent of £700 per calendar month and includes accommodation over 3 floors and 3 good sized bedrooms. The property also includes a good sized basement. The overall income is therefore £14,900 Per Annum.

SERVICES
All mains services are connected to the property.

TERMS
Freehold.

OUTGOINGS
Rateable Value: £5,900.
Uniform Business Rate for 2018/19: £0.480.
Small business rate relief may be available to some occupiers. Further enquiries should be directed to HBC 01423 500600.

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
Strictly by appointment with the agent Tel: 01423 501211.

Our next auction is on 30th July 2020

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