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Commercial Property for sale

Parliament Street, Harrogate, HG1

£85,000
470 sq. ft.

Property Description

Commercial information

  • 470 sq ft (43 sq m)

Full description

A rare opportunity to acquire the lease of a ground floor retail unit located on the prominent Parliament Street of Harrogate. The unit occupies what is considered a niche and prominent retail area within Harrogate town centre.

The superb position means that it benefits significantly from trade from the adjacent International Conference Centre and from nearby popular major hotels.

The unit itself offers a self contained ground floor retail space of approximately 470 sq ft and is currently trading as Hoxton North coffee bar. The layout is illustrated in the floorplan overleaf, but briefly comprises an open plan sales floor with a large glass frontage and WC facilities to the rear. The unit forms part of a grade II listed Georgian terraced property, boasting numerous original features, including a feature canopy to the facade.

The property is available by way of an assignment of the existing lease, which is due to expire in August 2018. A copy of this lease can be provided to interested parties on request to the agent. There will be a £10,000 Premium payable for the benefit of the lease. The business is also for sale (excluding the brand) for a figure of £85,000 to reflect the established goodwill and the fit out, fixtures and fittings.

Parliament Street is renowned for its mix of high end bars/restaurants as well as retail shops and lies directly opposite the famous 'Royal Baths'. Other local occupiers include 'The Restaurant Bar and Grill', ' The Viper Rooms' and 'Revolucion de Cuba' among others. The unit is also on the same street as the world famous Betty's and occupies a real niche location in this Northern Spa Town.

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