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Retail Property (high street) for sale

Cheltenham Crescent, Harrogate, HG1

2,816 sq. ft. | £539,950

Property Description

Commercial information

  • 2,816 sq ft (261 sq m)

Full description

A rare opportunity to purchase a substantial freehold building situated in Harrogate town centre. The property offers a large ground floor retail unit including basement stores. Furthermore, upstairs is a large 2/3 bedroom maisonette flat having the benefit of its own dedicated entrance offering accommodation of the highest order. The property itself would make an ideal investment opportunity and would also suit those interested in a prominent retail unit with separate residential accommodation.

The ground floor retail unit is double fronted and occupies a prominent location on Cheltenham Crescent. Fully redeveloped in 2012 the premises were fully re-wired and have a new heating system. Internally the unit is predominantly open plan and is decorated to a high specification throughout. The property benefits from a large basement which would make ideal storage The unit was previously occupied by 'Pookie Womenswear' but has recently been let on a new lease, producing an income of £24,000 Per Annum.

To the first and second floors is a superb Maisonette apartment which has its own dedicated entrance from the ground floor. The first floor comprises a bright and airy living room with a large bay window and a separate study both located at the front of the property. To the rear of the building is a modern kitchen with granite worktops, there is also room for a dining table. The first floor also benefits from a modern bathroom and a separate Dining room or third bedroom. The second floor comprises of two good sized bedrooms together with a shower room.

The property is available to purchase as a whole for £539,950, The property is currently producing an income of £24,000 Per Annum, however when fully let the property would be expected to bring in approximately £36,000 Per Annum.

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