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House, North Yorkshire

Key features

  • Superb three bedroom accommodation
  • Situated in the heart of Settle market town
  • Previously owner-occupied, now vacant
  • Estimated holiday let income at 40 weeks occupancy, around £28,000 per year

Description

LUXURY APARTMENT AND RETAIL SHOP UNIT in Settle for Sale.

A very rare opportunity to acquire a superb apartment and commercial property in the heart of Settle market town in North Yorkshire.

Settle is a lovely market town with lots of great pubs, restaurants and independent shops all within only a minute or two's walk from the property.

The owners recently vacated the ground floor shop to relocate, leaving a very attractive, high street retail space for any manner of retail use. Original stone slab floors and exposed original features, plus contemporary elements such as modern efficient lighting make this an exceptionally well fitted shop, perfect for new occupants. New owners may choose to run a retail operation themselves or lease out the space for a rental return. We estimate the potential rental return for the ground floor shop in this high street location would easily attract rent in excess of £10,000 per annum.

The first floor and second floors of the property have been converted, with a no expense spared budget, into a truly phenomenal luxury apartment which commands premium rates through AirBnB and other sites. The photos here cannot do full justice to the attention to detail and use of top-grade materials. Feature radiators, an elegant shower room, designer dining kitchen, even an external sundeck. This project was a labour of love and is truly a great tribute to its interior design industry owners. At a conservative 40 weeks occupancy per annum, we would expect the apartment to generate circa £28,000 per annum as a luxury let. However, new owners may wish to reside here themselves. The luxury apartment offers three bedrooms, sumptuous lounge with large flat screen TV, kitchen diner with log burner, stunning feature walk-in shower, a relaxing snug and bi-fold doors leading to the private outdoor terrace. Private entrance off the street leading to a cloaks and boots hallway and stairs to the living accommodation.

The apartment sleeps five in the following arrangement, main bedroom has a double bed and a wardrobe and chest of drawers. The second bedroom is also a double with wardrobe, drawers and a desk / dressing table. The third bedroom has a single bed and chest of drawers. The top floor has a small utility room with washing machine, dryer and drying area.

The property is being sold for genuine reasons, to fund rapid expansion in a roll-out of our client’s home-furnishing shops.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Affordability

Monthly repayments£1,881
Property: £ 375,000
Deposit: £ 37,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

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That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591598. 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 Ernest Wilson & Co Limited, EW Leeds. 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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