Malcolm Stuart Property Consultants LLP, Tadcaster

Oxford Street, Harrogate, North Yorkshire, HG1

Offer in excess of

£750,000

Size

2,550

Tenure

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EPC

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Parking

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Primary use
High street retail
Frontage
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Key features

  • PRIME CENTRAL LOCATION
  • NOW FULLY LET PRODUCING £65,000 RISING TO £67,000
  • £750,0000 REFLECTS A NET INITIAL YIELD OF 8.22%
  • RARE WELL LET FREEHOLD INVESTMENT OPPORTUNITY
  • *BUSINESSES UNAFFECTED*

Description

Description

The property comprises tenanted ground floor and part rear first floor retail with separately accessed, recently let duplex offices on the uppers at the front. The property is located in central Harrogate at the corner of Oxford Street and Cambridge Place adjacent to the M&S Foodhall and in close proximity to the Victoria Shopping Centre.

The retail shop is let to Games Crusade at a rental of £50,000 per annum for a period of 7 years from April 2024 with a tenant break option at year 3.

The upper floor offices are now let to a care home operator on a straight 5 year lease at a rental of £15,000 rising to £17,000.

Rateable Values

13/13a Oxford Street - Shop & Premises - £35,000
1st & 2nd Floor Oxford Street - Office & Premises - £12,500

The current uniform business rate for properties with an RV less than £51,000 is 0.499.

EPC

13 Oxford Street - B36
13a Oxford Street - D99

Planning

We recommend that interested parties make their own enquiries with
North Yorkshire Council on this - or complete an online enquiry
Contact us - North Yorkshire Council Customer Portal

Tenure - Freehold

Terms - Offers are invited for the freehold interest at a guide price of £750,000 Exc. which reflects a NIY of 8.22%

Viewing - Strictly by appointment - /

VAT - We understand that the property is not opted for tax
Malcolm Stuart Property Consultants LLP, Tadcaster

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Energy performance certificate: Ask agent

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
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Oxford Street, Harrogate, North Yorkshire, HG1

NEAREST STATIONS

National Rail

Harrogate Station

0.11 miles

National Rail

Hornbeam Park Station

1.12 miles

National Rail

Starbeck Station

1.61 miles

About Malcolm Stuart Property Consultants LLP, Tadcaster

Malcolm Stuart Property Consultants LLP, Tadcaster

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Disclaimer - Property reference 13OXFORDST. 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 Malcolm Stuart Property Consultants LLP, Tadcaster. 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.