1-3 New Brook Street, Ilkley, LS29 8DQ
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- Restaurant
No floor / site plan
Key features
- Superb investment opportunity - freehold for sale
- Well let mixed commercial and residential property
- Superb location just off A65 town centre
- Long established restaurant and 2 self contained, 2 bed flats
- Current income £65,220 pa (gross)
- Guide Price £850,000 (offers invited)
Description
The property comprises a long established restaurant (The Ilkley Cow) with3 & 4 bed maisonettes on upper floors all offering accommodation of a high standard. The building has excellent frontage to the busy A65 through route close to the town centre. Vehicular rights across a private road at the rear afford excellent delivery access/parking.
Ilkley (population. Approx. 15,000) is an affluent and popular town with a wide range of well regarded retail and hospitality businesses approx attracting custom from a wide area.
ACCOMMODATION
Ground/Lower Ground Floors
The Ilkley Cow comprises an attractively presented restaurant (13.9 x 9.7m o/a - approx 70 covers) fitted out to a high standard, having large kitchen (10.9 x 6.7m), plus prep areas/stores to the rear/below all having good delivery access at the rear.
1A: First Floor
Kitchen 3.7 x 2.4m
Bedroom 4.3 x 3.4 m (max)with e-s shower/WC
Sitting Room 4.8 x 4.3 with large bay window to front
Office 3.3 x 2.0m.
Second Floor:
3 Bedrooms 4.8 x 4.3m (velux rooflight), 4.6 x 4.3m (dormer window) and 3.3 x 2.2m.
3A: First Floor:
Dining Kitchen 4.7 x 4.3m with fitted units
Sitting Room 6.8 x 4.2m with large bay window to front
Second Floor:
3 Bedrooms 4.8 x 4.3m (velux rooflight), 4.5 x 4.3m (dormer window), 3.3 x 2.2m; Bathroom.
LEASES
Gnd/Lwr Gnd Flr: - 5 year lease in favour of Robert Arthur Sypniewski wef 1st January 2024 on effective FRI terms(*). Rent £39,000 pa
Flat 1A – AST wef 16th December 2025. Rent £1160 pcm (£13,920 pa)
Flat 3A – AST wef 27th April 2025. Rent £1025 pcm (£12,300 pa)
- (*) internal repairs plus 75% of external/structural repairs
- All rents are quoted on an exclusive basis
Services - Mains services available, all units are advised to be individually metered.
EPC
Nos 1-3 – B (47)
1A – D (67)
3A – D (64)
RATES
Nos 1-3 RV £35,250
1A & 3A – each Council Tax Band B
GUIDE PRICE
£850,000 (offers invited).
VAT
Not applicable
CURRENT GROSS RENT
Current Gross rent £65,220 pax
A purchase at the above guide equates at a gross return of 7.67% before allowance for purchasers’ costs.
ANTI MONEY LAUNDERING REGULATIONS
In accordance with regulations electronic ID checks will be carried out on purchasers where required.
VIEWING
Strictly by arrangement with sole agents - Atkinson Associates.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
1-3 New Brook Street, Ilkley, LS29 8DQ
About ATKINSON ASSOCIATES LIMITED, Ilkley
A property consultancy offering practical straightforward advice to commercial property owners, developers, landowners and investors. Our clients include Local Authorities, small business owners, PLCs, national and regional commercial and residential developers and property investors.
Our services include:
- Development Consultancy
- Asset Management
- Commercial Agency
- Residential Land Acquisitions / Sales
- Development Viability
Atkinson Associates are a creative, non-corporate agent and development consultant with a vast experience in the region.
Please contact us to discuss your requirement in more detail
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Disclaimer - Property reference 1-3NewBrookStreet. 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 ATKINSON ASSOCIATES LIMITED, Ilkley. 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.