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Knaresborough Road, Harrogate, North Yorkshire, HG2

Guide Price
£300,000

Business rates & charges may apply

Feather Smailes Scales Commercial, North Yorkshire
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SECTOR

High street retail property for sale

Description

* Attractive mixed-use investment opportunity
* Ground floor commercial unit with two one-bedroom apartments above
* Total current income of £24,240 per annum
* Additional income from advertising hoarding/signage
* Gross return of approximately 8

An attractive end-terrace mixed-use investment property comprising a ground floor commercial unit together with two self-contained one-bedroom apartments arranged across the upper floors. Prominently positioned with good frontage, the property provides a diversified income stream from commercial, residential and advertising uses.

The ground floor commercial premises are currently let at £8,400 per annum, with the two residential apartments producing a combined rental income of £13,200 per annum. A further £2,640 per annum is generated from advertising hoarding/signage on the property, providing a total current income of £24,240 per annum.

The property is offered for sale as a fully income-producing investment at a guide price of £300,000, reflecting a gross return of approximately 8%. The combination of commercial and residential accommodation, together with the additional signage income, provides an attractive diversified investment opportunity.







Business Rates
Rateable Value: £6,800
For the 2026/27 rating year, business rates are calculated using a tiered multiplier system. For properties with a Rateable Value below £51,000, multipliers range from approximately 38.2p for qualifying Retail, Hospitality and Leisure uses to 43.2p for other property types, subject to eligibility.
Small business rate relief may also be available.
Interested parties should make their own enquiries with North Yorkshire Council to confirm the exact rates payable. FSS accepts no liability for any changes to business rates or the accuracy of this information.

VAT
All figures quoted are deemed exclusive of VAT where applicable.

Legal Costs
Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.

Planning
Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.

Services
All mains services are connected to the property.

Viewing
If you would like to view this property, please contact FSS on and we will be pleased to make an appointment.

Brochures

Knaresborough Road, Harrogate, North Yorkshire, HG2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Starbeck Station0.7 miles
  • Harrogate Station0.8 miles
  • Hornbeam Park Station1.1 miles

About Feather Smailes Scales Commercial, North Yorkshire

8 Raglan Street, Harrogate, HG1 1LE

FSS are one of the leading commercial property specialists in Yorkshire, covering all commercial property services from Industrial, retail and office agency, to commercial property management and valuation work. From our offices in Harrogate we are able to cover not only North Yorkshire but areas further afield offering over 25 years of experience in the market.

Notes

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Disclaimer - Property reference COM260072. 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 Feather Smailes Scales Commercial, North Yorkshire. 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.