154 Kings Road, Harrogate, HG1 5HY
- SIZE AVAILABLE
826 sq ft
77 sq m
- SECTOR
High street retail property for sale
Key features
- Investment - freehold available subject to occupational lease on retail (pharmacy)
- Long leasehold on residential above
- Retail Total NIA excl basement storage : 826 sq.ft.(76.74 sq.m.)
Description
The property is situated within a parade of shops on the Kings Road which links the A61 Ripon Road to the west and the A59 to the east of Harrogate Town Centre.
The property comprises the ground floor and basement of a mid-terrace, three storey building under a pitched tiled roof with ground floor open plan retail accommodation and ancillary office/staff facilities to the rear of the property. The self-contained three bedroom flat is available as a separate listing.
Location
Harrogate is located approximately 17 miles north of Leeds, 21 miles west of York, 11 miles west of the A1(M) and 9 miles from Leeds/Bradford airport.
Harrogate is one of the largest commercial centres in North Yorkshire and is one of the leading conference and exhibition centres in the north of England.
Occupational Lease
The ground floor retail premises are currently let out on a 10 year lease at £15,000 wef 18/01/23. There is a tenant only break clause at the end of year 5 (18/01/2028).
Tenure
The freehold of the whole building is available subject to the occupational lease on the ground floor shop let to a Pharmacy Practice (formerly Lloyds) and the long leasehold interest on the residential flat above.
VAT
We understand the property is not elected for VAT and so VAT will not be applicable on the rent.
Brochures
154 Kings Road, Harrogate, HG1 5HY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Harrogate Station0.6 miles
- Starbeck Station1.5 miles
- Hornbeam Park Station1.6 miles
Notes
Disclaimer - Property reference 24891-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Montpellier Property Consultants Ltd, North Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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