80 Westgate, Guisborough

Guide price

£130,000

Size

807

Tenure

Freehold

EPC

Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • A Multi-let Commercial Investment Opportunity
  • Three storey end of terrace building comprising two fully let commercial units
  • Ground floor retail unit let on a 5 year IRI lease from 01/09/2022
  • First and second floor unit let on a 7 year IRI lease from 01/09/2024
  • Total NIA approx. 807 sq ft (74.97 sq m)
  • Investment let at £17,100 per annum (13.15% GIY on guide price)

Description

The property comprises an end terrace building of traditional brick construction arranged to provide a ground floor cocktail bar and upper floor barbers.

80 Westgate is configured to provide open plan ground floor sales area with ancillary areas to the rear including stores, and WC. The ground floor is occupied by a private individual trading as Olive or Twist.

80a Westgate provides first and second floor hair salon accommodation together with first floor kitchen, WC and stores and ancillary areas within the attic space.

The upper floors are occupied by a private individual trading as Cut Above. The property benefits from two self contained units with separate ground floor access.

The property is situated on Westgate, the prime retail pitch in the centre of Guisborough, a market town on the northern edge of the North York Moors National Park which lies approximately 8 miles to the south-east of Middlesbrough, 20 miles east of Darlington and 60 miles north of York.

Holding a prominent position on the northern side of Westgate, the property is positioned between The Ironstone Miner Wetherspoons and Yorkshire Building Society and opposite Selective Properties. Other retailers in Guisborough include Boots, Morrisons, Dandy Threads, Costa and Heron Frozen Foods. Free disc parking is available immediately outside the premises and it is surrounded by other local retailers and businesses.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

80 Westgate, Guisborough

NEAREST STATIONS

National Rail

Great Ayton Station

3.9 miles

National Rail

Longbeck Station

3.93 miles

National Rail

Marske Station

3.97 miles

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Disclaimer - Property reference 3531BFC7-ACF7-48CE-AA9B-2668EFCC18F2. 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 Savills National , Savills Auctions- Commercial. 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.