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Commercial Property for sale

Investment Property, DL9, North Yorkshire

£149,950

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

INVESTMENT PROPERTY in Catterick Garrison for Sale.

Substantial detached investment property returning £16,800 per annum from the ground floor tenants with the first floor currently unoccupied as our client has purposely not re-let the premises in order to provide a new owner with options despite having several potential new tenants make enquiries to do so. The ground floor is let to a tanning salon since January 2014 and returns £12,000 per annum and also to a barbers shop also since 2004 and this unit returns 4,800 per annum. The first floor was previously let as a hair salon and returned £7,200 per annum – potential to return £24,000 per annum when fully let and in our opinion it would be very easy to re-let the first floor. The property is situated a ‘stones throw’ away from the garrison and therefore surrounded by members of the armed services and with Catterick Garrison being the largest British Army garrison in the world, these premises have their use assured. The premises briefly comprise:- Barbers shop with WC. Tanning salon with lobby, WC, office and two store rooms. The first floor former hairdressers comprise entrance hall, salon area, two treatment rooms, staff kitchen and bathroom. EPC Band D.


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