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The Grove, Ilkley, West Yorkshire, LS29

Offers in Excess of
£550,000

£261.90 per sq ft

Business rates & charges may apply

Malcolm Stuart Property Consultants LLP, Tadcaster
SIZE AVAILABLE

2,100 sq ft

195 sq m

SECTOR

2 bedroom mixed use property for sale

USE CLASSUse class orders: C3 Dwelling Houses and Class E

C3, E

Key features

  • VACANT, STUNNING DUPLEX APARTMENT
  • CURRENT RENTAL INCOME: £26,960 PER ANNUM
  • POTENTIAL RENTAL INCOME: £42,000 PER ANNUM PLUS
  • PRIME LOCATION IN POPULAR SPA TOWN
  • LONG STANDING COMMERCIAL TENANTS

Description

The property is located on The Grove in the popular and thriving spa town of Ilkley, West Yorkshire.

At ground floor and basement level the property is let to Dale Eddison Estate Agents, their demise has been combined with the neighbouring property to form a larger branch. The have both a front entrance, but also rear access directly into the basement section.

At first floor level the property is let to Harvey & Co Hair Salon who have been a long standing tenant for in excess of 15 years. The first floor shares an entrance and staircase with the vacant duplex apartment which prospective purchasers could look to use themselves or rentalise.

The 2 bedroom duplex apartment has been comprehensively refurbished and provides great views of Ilkley Moor to the rear.

The property is a real one off and offers great reversionary income potential for purchasers and an ideal opportunity for 2nd home / holiday home investors.

Description Size (Sq.Ft) Lease Terms / Rental Value / Council Tax EPC

GF & BSMT GF 413 10yrs from Oct 2023 £17,750 C57
Estate Agents BMT 476 RR / BC Yr 5 - Rental £18,460 p.a.


FF Hair Salon FF468 Holding Over at a rental £8,100 C75
of £8,500 p.a.

SF Apartment Vacant 2 bedroom duplex apartment Band B N/A


PLANNING
We recommend interested parties make their own enquiries with the local authority - / planning.

TERMS
The freehold interest is being marketed at offers in excess of £550,000 Exc.. 

Brochures

The Grove, Ilkley, West Yorkshire, LS29

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ilkley Station0.1 miles
  • Ben Rhydding Station1.1 miles
  • Burley-in-Wharfedale Station3.1 miles

About Malcolm Stuart Property Consultants LLP, Tadcaster

Wilton House, Station Estate, Station Road, Tadcaster, LS24 9SG

Notes

These notes are private, only you can see them.

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