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154 Kings Rd 1,338 SF Retail Building Harrogate HG1 5HY $234,183 ($175.02/SF)
INVESTMENT HIGHLIGHTS
- Investment - freehold available subject to occupational lease on retail (pharmacy)
- Retail Total NIA excl basement storage : 826 sq.ft.(76.74 sq.m.)
- Long leasehold on residential above
EXECUTIVE SUMMARY
The property is situated within a parade of shops on the Kings Road which links the A61 Ripon Road to the west and the A59 to the east of Harrogate Town Centre.
The property comprises the ground floor and basement of a mid-terrace, three storey building under a pitched tiled roof with ground floor open plan retail accommodation and ancillary office/staff facilities to the rear of the property. The self-contained three bedroom flat is available as a separate listing.
The ground floor retail premises are currently let out on a 10 year lease at £15,000 wef 18/01/23. There is a tenant only break clause at the end of year 5 (18/01/2028).
The property comprises the ground floor and basement of a mid-terrace, three storey building under a pitched tiled roof with ground floor open plan retail accommodation and ancillary office/staff facilities to the rear of the property. The self-contained three bedroom flat is available as a separate listing.
The ground floor retail premises are currently let out on a 10 year lease at £15,000 wef 18/01/23. There is a tenant only break clause at the end of year 5 (18/01/2028).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,338 SF
Building Class
B
Year Built
1926
Price
$234,183
Price Per SF
$175.02
Tenancy
Single
Building Height
4 Stories
Frontage
13’ on Kings Road
AMENITIES
- Energy Performance Rating - D
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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154 Kings Rd
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