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Chapel House Market Place 1,278 SF 63% Leased Office Building Leyburn DL8 5AT $305,998 ($239.43/SF)
Investment Highlights
- Freehold town-centre office investment in central Leyburn.
- Potential to enhance income through reconfiguration of existing space.
- Located within walking distance of local amenities and public parking.
- Flexible accommodation arranged across three floors.
- Scope for residential conversion or mixed-use redevelopment, subject to planning consent.
- Potential to enhance income through reconfiguration of existing space.
Executive Summary
Chapel House, enjoys a convenient town centre position, within easy walking distance of local shops, cafés, amenities and services, with ample nearby public parking available, making it an attractive location for both commercial occupiers and future residential use.
The property comprises six office spaces, four of which are currently let, providing an immediate rental income, of approximately £8,760 per annum. There is further scope to improve the rental return by making minor alterations to the ground and first floor offices.
Arranged over three floors, the building offers a flexible layout with a variety of office spaces, making it well suited for continued commercial use as an investment property.
The ground floor provides a spacious open-plan office area with entrance porch. The first floor comprises two good-sized offices, along with an open storage area offering scope to create an additional private, lockable office if required.
The second floor provides two further offices, a WC and kitchenette. The property benefits from mains gas central heating and double glazing throughout.
Alternatively, for buyers looking for a longer-term project, the property offers the potential for conversion to residential use, subject to obtaining the necessary planning permissions and consents. With its layout and position, the building could potentially be transformed into a spacious two bedroom dwelling or a three-bedroom apartment-style property, creating an attractive residential home in a convenient location.
There may also be potential to create a self-contained upper floor apartment, subject to planning approval and appropriate works being undertaken.
A rare opportunity for an investor, developer or private purchaser looking for a flexible freehold property with immediate income and exciting future potential.
Property Facts
Amenities
- 24 Hour Access
- Energy Performance Rating - C
- Demised WC facilities
- Natural Light
- Open-Plan
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The office is located on the ground and first floors of this three-storey building, with the use of communal WC and kitchen. Heating, electricity, water and rates should be covered by the ingoing tenant. New lease available with negotiable timescale. The other offices within the building are tenanted, therefore the communal kitchen area and WC, will serve the whole building. Tenants will be able to use their office 24 hours, 7 days a week if required The office is within a shared premise and the tenants will be able to use their office 24 hours, 7 days a week if required.
The office is located on the ground and first floors of this three-storey building, with the use of communal WC and kitchen. Heating, electricity, water and rates should be covered by the ingoing tenant. New lease available with negotiable timescale. The other offices within the building are tenanted, therefore the communal kitchen area and WC, will serve the whole building. Tenants will be able to use their office 24 hours, 7 days a week if required The office is within a shared premise and the tenants will be able to use their office 24 hours, 7 days a week if required.
| Space | Size | Space Use | Build-Out | Available |
| Ground-Ste Main Office | 350 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste Office 5 | 120 SF | Office | Partial Build-Out | Now |
Ground-Ste Main Office
| Size |
| 350 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste Office 5
| Size |
| 120 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
Ground-Ste Main Office
| Size | 350 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
The office is located on the ground and first floors of this three-storey building, with the use of communal WC and kitchen. Heating, electricity, water and rates should be covered by the ingoing tenant. New lease available with negotiable timescale. The other offices within the building are tenanted, therefore the communal kitchen area and WC, will serve the whole building. Tenants will be able to use their office 24 hours, 7 days a week if required The office is within a shared premise and the tenants will be able to use their office 24 hours, 7 days a week if required.
1st Fl-Ste Office 5
| Size | 120 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
The office is located on the ground and first floors of this three-storey building, with the use of communal WC and kitchen. Heating, electricity, water and rates should be covered by the ingoing tenant. New lease available with negotiable timescale. The other offices within the building are tenanted, therefore the communal kitchen area and WC, will serve the whole building. Tenants will be able to use their office 24 hours, 7 days a week if required The office is within a shared premise and the tenants will be able to use their office 24 hours, 7 days a week if required.
Presented by
Chapel House | Market Place
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