Commercial Street, Harrogate, HG1 1TY
£225,000

LOCATION
The premises occupy a first class location on Commercial Street, a busy shopping street in Harrogate Town centre. The street is thriving boasting predominantly local independent shops including a butchers, jewellery shops, barbers, cafes and much more. The street has its own website so further information can be found at commercial-street.co.uk.

DESCRIPTION
An opportunity to purchase a freehold investment opportunity on Commercial Street consisting of an open plan ground floor retail space with two upper floors of storage/office accommodation. The property is currently let to a nail salon who have only recently taken occupation on a 5 year lease at a rent of £17,000 per annum, offering a return of over 7.5% based on the asking price.

The subject premises are in immediate proximity to the heart of Harrogate's prime shopping district offering affordable space in a busy location and benefitting from being close to the railway and bus stations, as well as town centre car parks.

SERVICES
All mains services are connected to the property.

TERMS
Freehold. The property is for sale freehold subject to the existing tenancy.

OUTGOINGS
Rateable Value: £16,250.
Uniform Business Rate for 2022/23: £0.512.
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.