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Commercial Property for sale

12 South Parade, Northallerton, DL7 8SE

Guide Price £375,000

Property Description

Full description

Tenure: Freehold

SITUATION/LOCATION
The property is situated on the south side of Northallerton within a popular location within a few minutes walking distance of the High Street. The property forms part of a terrace of period properties within a mixed residential/commercial location.

PREMISES
Two storey brick built property incorporating self contained showroom on the ground floor together with separate fully furnished two bedroomed apartment with access to the rear of the property and parking for two cars. The property has been completely renovated and modernised over recent years providing accommodation of the highest standard. The apartment is of contemporary style with wooden floors and quality fittings. The building benefits from sealed unit double glazing and gas fired central heating. Both parts are self contained. The accommodation briefly comprises:-

Ground Floor Showroom
736sq.ft. (68.4sq.m.)

Kitchen
33.57sq.ft. (3.12sq.m.)

WC

Gas central heating boiler

Outside
Rear parking space.

Apartment (12a South Parade)
Ground floor rear lobby entrance with understairs storage, staircase to first floor comprising:-

Kitchen/Dining Room
24.4sq.m. (262.5sq.ft.)

Small Kitchen/Utility
4.79sq.m. (51.54sq.ft.)
Gas central heating boiler built in, wall/floor units.

Sitting Room
13.86sq.m. (149sq.ft.)

Double doors opening into additional sitting room area/bedroom
8.89sq.m. (95.65sq.ft.)

Inner Lobby

Bathroom/WC
With overhead shower, built in linen storage area. Access to loft. Concealed storage unit behind mirror.

Double Bedroom
13.14sq.m. (141.3sq.ft.)

En-Suite Bathroom/WC
With overhead shower. Concealed storage unit behind mirror.

From the kitchen/dining room there is a spiral staircase leading to a mezzanine living area which is galleried overlooking the kitchen.
22.91sq.m. (246.5sq.ft.)

Outside
Rear parking space.

RENTAL INCOME
Ground floor currently let 15 years FRI terms from April 2005, rent passing 17,000 per annum, exclusive. An assignment of the current tenant's interest to N Y Flooring Ltd is presently in progress. The apartment is presently let at 850 pcm.

TENURE
Freehold

RATEABLE VALUE
We are advised by Hambleton District Council that the property is listed in the current rating list from April 2010 at 5,300. The apartment is in Council Tax Band B.

VAT
Any reference to price, premium or rent is deemed to be exclusive of VAT (if applicable) thereon. Where rents are quoted as inclusive figures this does not include VAT. Interested parties should clarify the incidence of VAT in any event with their legal advisors.

VIEWING
Strictly by appointment only through agents.

ENERGY PERFORMANCE ASSET RATING
Shop
C - 70
Flat
C - 73



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