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COMMERCIAL

Wetherby, High Street, LS22

£595,000
Renton & Parr, Wetherby
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

2

SIZE

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Key features

  • Mixed Use Investment
  • Rental Income £37,150 p.a. - £39,900 p.a.
  • Long Unexpired Commercial Lets
  • Popular Market Town Location

Description

Property Description

The property comprises an attractive 3 storey mixed use investment with rear parking in central Wetherby.
 
Fronting the High Street and in close proximity to the Market Place the property has the Post Office in the ground floor with a Jeweller in the first floor and 2 one bedroom flats in the second floor.  The upper floors are separately access through an archway which also leads through to the rear where there is parking for approximately 4 cars. 
 
Wetherby is an affluent market town within West Yorkshire located next to the A1(M) 12 miles east of Leeds and 8 miles west of York.  The town has a strong retail centre with many national operators such as Morrisons, Cafe Nero, Dominoes Pizza, Specsavers, Yorkshire Trading as a well host of local and regional operators. 

Accommodation

Ground floor - retail - 28 High Street
Tenant - Wetherby Post Office (personal guarantee)
Lease terms - 15 years from 01.05.2020 - 10 yr RR to OMRV 
Rent Y6 £16,500 - £18,500
Size 60.85 sq.m  (655 sq.ft)
RV/CT - £11,250
EPC C56
 
First floor offices - 30 High Street
Tenant - Lee Gallery
Lease terms - 10 years from 01.08.25 - 5yr RR to RPI
Rent Y1 £7,750 - £8,500
Size 58.58 sq.m (632 sq ft) 
RV/CT - £4,600
EPC E125
 
Second Floor Flat 1 - 30 High Street
Tenant Private letting
Lease terms - 6 month 
Rent £6,000
Size 375 sq ft
RV/CT - A
EPC D58
 
Second Floor Flat 2 - 30 High Street
Tenant Private Letting
Lease terms - 6 month
Rent £6,900 
Size 479 sq ft
RV/CT - A
EPC - D61
 
EPC's available please contact the agent for further details. 

Planning

We recommend interested parties make their own enquiries with the local authority - -

TERMS

Offers are being sought for the freehold interest at a guide price of £595,000 which represent a NIY of approx. 5.89% rising to 6.39%

VIEWING

Joint selling agents (appointments only)
 
Malcolm Stuart Property Consultants
 
Renton & Parr

Wetherby, High Street, LS22

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cattal Station5.5 miles
  • Hammerton Station6.3 miles
  • Starbeck Station6.8 miles
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About Renton & Parr, Wetherby

47 Market Place, Wetherby, LS22 6LN
Industry affiliations:

Established in 1950, Renton & Parr is the longest-established firm of Chartered Surveyors and Estate Agents in Wetherby, delivering a consistent, professional and comprehensive service to the local property market for over seven decades.

Our reputation as a trusted and respected agent has been built on firm foundations of integrity, expertise and an unwavering commitment to quality of service. We pride ourselves on achieving the best possible results for our clients, while offering a tailored approach to suit individual requirements.

Now Chairman, Ken Bird brings over 43 years of residential property experience and invaluable local market knowledge. A proud member of the Royal Institution of Chartered Surveyors, as well as MNAEA and The Guild of Property Professionals, Ken’s roots in Wetherby run deep, having grown up just minutes from the office.

Working alongside him are his two sons, Tom and Alex, both Directors within the firm, continuing the strong family ethos that underpins the business. Together, they combine traditional values with a forward-thinking approach, ensuring Renton & Parr remains well placed for the future while building on its distinguished past.

Whether buying or selling, you can be confident you are in knowledgeable and dependable hands with Renton & Parr.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference S1788153. 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 Renton & Parr, Wetherby. 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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