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Kings Road 643 SF Retail Building Harrogate HG1 5HY $410,492 ($638.40/SF) 7.58% Cap Rate
Investment Highlights
- Signage
- Frontage
- Mixed use
Executive Summary
Investment opportunity
Mixed use
Two bedroom maisonette
Desirable location
All mains services are connected to the property. Mobile coverage EE Vodafone Three O2 Broadband Basic - 15 Mbps Superfast - 80 Mbps Ultrafast - 1800 Mbps Satellite / Fibre TV Availability BT Sky Virgin
An ideal investment opportunity to acquire a mixed use investment, with a ground floor retail unit which is let on a five year lease from 12th December 2024 at £1,000 per month and a two bedroom maisonette above which is let on an
Assured Shorthold Tenancy from 1st November 2025 for a 12 month term at £895 per calendar month. This give a combined annual income of £22,740.
The retail unit can be viewed in person but please in the first instance watch the video tour for the apartment taken prior to the tenancy start of Nov 1st.
Tenure: Freehold.
Council Tax: Band B.
Brief Terms
Terms: Freehold. The property is available to purchase freehold, subject to the existing tenancies.
Mixed use
Two bedroom maisonette
Desirable location
All mains services are connected to the property. Mobile coverage EE Vodafone Three O2 Broadband Basic - 15 Mbps Superfast - 80 Mbps Ultrafast - 1800 Mbps Satellite / Fibre TV Availability BT Sky Virgin
An ideal investment opportunity to acquire a mixed use investment, with a ground floor retail unit which is let on a five year lease from 12th December 2024 at £1,000 per month and a two bedroom maisonette above which is let on an
Assured Shorthold Tenancy from 1st November 2025 for a 12 month term at £895 per calendar month. This give a combined annual income of £22,740.
The retail unit can be viewed in person but please in the first instance watch the video tour for the apartment taken prior to the tenancy start of Nov 1st.
Tenure: Freehold.
Council Tax: Band B.
Brief Terms
Terms: Freehold. The property is available to purchase freehold, subject to the existing tenancies.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
643 SF
Building Class
C
Year Built
1870
Price
$410,492
Price Per SF
$638.40
Cap Rate
7.58%
NOI
$31,115
Tenancy
Single
Building Height
3 Stories
Frontage
13’ on Kings Road
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Kings Road
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