Old Market Place, Ripon, North Yorkshire, HG4
- SIZE AVAILABLE
996 sq ft
93 sq m
- SECTOR
High street retail property for sale
Description
A mid-terrace commercial property in a prominent Ripon city centre position, arranged over two floors plus an additional storage basement.
The property is let to The Pet Shop, a long-established local retailer, currently producing an income of £12,500 per annum. Approximately three years remain on the tenant’s lease, providing secure income for investors.
At the asking price, the property offers an attractive net initial yield of around 10%, making this a compelling opportunity for investors seeking a strong return in a busy retail location.
Terms: Freehold. The property is available to purchase freehold, subject to the existing tenancy.
Rateable Value: £9,600.
Uniform Business Rate for 2025/26: 0.546. Small business rate relief may be available to some occupiers. Further enquiries should be directed to NYC for any rates related matters or queries. FSS will accept no liability for any changes to business rates.
VAT: TBC
Legal Costs: Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.
Planning: Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.
Viewing: If you would like to view this property, please contact FSS on and we will be pleased to make an appointment.
Energy Performance Certificates
Picture No. 11Brochures
Old Market Place, Ripon, North Yorkshire, HG4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Thirsk Station8.8 miles
Notes
Disclaimer - Property reference AUC250054. 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 Feather Smailes Scales Commercial, 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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