68 Gillygate, York, North Yorkshire, YO31

LOCATION
Gillygate is located the heart of York City Centre close to York St John University. Nearby property includes a variety of commercial and residential space.

DESCRIPTION
The subject property comprises a ground floor café/ restaurant unit with garden to the rear. At first floor there is a spacious 3 bedroom duplex apartment with 1 bathroom and roof terrace with views of York Minster and the city walls. Externally the property benefits from 3 private car parking spaces to the rear. 68 Gillygate is grade ll listed.

PLANNING
The property benefits from planning permission to create self contained access to the first floor duplex apartment. More details are available upon request or via the council planning portal.

SIZE
The property provides the following approximate Gross Internal Areas;

Ground floor - 1,335 sq ft

RENT
The ground floor café/ restaurant is available at a rent of £32,500 per annum exclusive.

PURCHASE PRICE
The property is available for sale on a freehold basis at offers in the region of £675,000 which includes the 3 bedroom duplex flat above.

BUSINESS RATES
The VOA website states that the subject property has a rateable value of £24,500.
This equates to rates payable of £12,226 per annum when applying the small business rates multiplier of 49.9p.

Interested parties are advised to make their own enquiries with the local authority to verify this information and confirm applicable discounts.

EPC
The property is 'D' rated. A copy of the EPC is available upon request.

VAT
If applicable VAT will be charged at the standard rate.

LEGAL COSTS
Each party are responsible for their own legal costs incurred as a result of any transaction.