6 May 2026: Wednesday 06 May 2026 - 9:00am
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    Key features

    • A Multi-let Commercial Investment Opportunity
    • Three storey end of terrace building comprising two fully let commercial units
    • Ground floor retail unit let on a 5 year IRI lease from 01/09/2022
    • First and second floor unit let on a 7 year IRI lease from 01/09/2024
    • Total NIA approx. 807 sq ft (74.97 sq m)
    • Investment let at £17,100 per annum (13.15% GIY on guide price)

    Description

    The property comprises an end terrace building of traditional brick construction arranged to provide a ground floor cocktail bar and upper floor barbers.

    80 Westgate is configured to provide open plan ground floor sales area with ancillary areas to the rear including stores, and WC. The ground floor is occupied by a private individual trading as Olive or Twist.

    80a Westgate provides first and second floor hair salon accommodation together with first floor kitchen, WC and stores and ancillary areas within the attic space.

    The upper floors are occupied by a private individual trading as Cut Above. The property benefits from two self contained units with separate ground floor access.

    Additional information

    Tenure

    Freehold

    Accommodation

    80 Westgate - Approx. NIA 39.77 sq m (428 sq ft)

    80a Westgate - Approx. NIA 35.22 sq m (379 sq ft)

    Total - Approx. NIA 74.97 sq m (807 sq ft)

    Tenancy

    80 Westgate is currently let to a private individual on a 5 year IRI lease from 01 August 2022, at a passing rent of £12,000 per annum.


    80a Westgate is currently let to a private individual on a 7 year IRI lease from 01 August 2024, at a passing rent of £5,100 per annum. The rent is due to increase to £5,280 per annum on 01 August 2027 for the remaining term of the lease.

    Rent

    £17,100 p.a

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is situated on Westgate, the prime retail pitch in the centre of Guisborough, a market town on the northern edge of the North York Moors National Park which lies approximately 8 miles to the south-east of Middlesbrough, 20 miles east of Darlington and 60 miles north of York.

      Holding a prominent position on the northern side of Westgate, the property is positioned between The Ironstone Miner Wetherspoons and Yorkshire Building Society and opposite Selective Properties. Other retailers in Guisborough include Boots, Morrisons, Dandy Threads, Costa and Heron Frozen Foods. Free disc parking is available immediately outside the premises and it is surrounded by other local retailers and businesses.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums