Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail/restaurant investment occupying a high footfall pitch in Harrogate, a historic town popular with tourists.
Arranged across ground and two upper floors (sold off on a long leasehold basis) the ground floor is let to Golden Star Chinese Takeaway, a popular local business. The tenant has been in occupation for over 20 years with the current lease expiring in July 2025. The current rent is £12,000 per annum.
The property has a prominent frontage to Bower Street and sits at the edge of the principal retail amenity. The property benefits from high passing footfall due to its position adjacent to one of the only pedestrian crossings of the rail line, which divides the retail amenities of the Town Centre from the residential outskirts.
Tenure
Freehold
Tenancy
The property is let to a tenant trading as the Golden Star Chinese Takeaway for a term expiring July 2025 and paying £12,000 per annum. The lease is on full repairing and insuring terms.
The upper parts comprise a single residential maisonette and is let on a long lease with approx. 100 years unexpired and paying a ground rent of £100 per annum.
Rent