Orchard Gate, Otley, West Yorkshire, LS21

This two storey retail unit occupies a prime position close to the Market Street entrance to the Shopping Centre with great exposure to the bustling junction of Boroughgate and Crossgate. The unit offers good open plan retail at ground floor level benefitting from roller shutters to both entrance and display window together with air conditioning, wall mounted heaters and laminate flooring. At first floor level there is further open plan retail / storage as well as a WC, kitchenette and small office.

Orchard Gate is an attractive looking stone built shopping centre located in the vibrant, historic market town of Otley. Otley is located approximately 12 miles to the north west of Leeds and 11 miles to the south west of Harrogate. Situated on the river Wharfe in lower Wharfedale and with a population of circa 14,000 people, the town is very popular and draws in from surrounding towns and villages.

Interspersed within the prime retail shopping streets of the town, Orchard Gate Shopping Centre can be accessed from Mercury Row, Market Street, Crossgate and New Market Street. With great accessibility as well as the towns main Bus Station being situated here, Orchard Gate has unrivalled pedestrian flow and exposure for its tenants.

Rateable Value
2023 Valuation List assessment;

£13,250

The current UBR for the financial year 2024/25 is 49.9p. If it was the only place of occupation the tenant would get approximately 60% relief under SBRR and 75% discount for retail hospitality and leisure relief.

Terms
The property is available to let on a new FRI lease at a rental of £14,750 per annum Exc. Service Charge applicable, further details available on request.