1 Commercial Street and 2 Mount Parade, Harrogate, HG1 1BX
£186.88 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,612 sq ft
336 sq m
- SECTOR
Industrial development for sale
Key features
- Investment opportunity in Harrogate Town Centre
- Asset Management and Rental Growth Opportunities
- 2 Retail Outlets let producing £13,200 p.a.
- Offices to be sold with VP - suitable for Residential Development STPP
Description
The premises comprise the whole of a semi-detached, four storey building which spans between the two streets of Mount Parade and Commercial Street. The property comprises a retail shop occupied by The Cheeseboard and The Retro Club on the LGF from Commercial Street. The property also provides offices from Mount Parade and above The Cheeseboard Shop. In our opinion this could be suitable for continued office use (following a series of refurbishment works or residential STPP).
Location
The property is situated on Commercial Street and Mount Parade close to Station Parade and its intersection with Beulah Street.
Occupational Leases & Tenure
The Cheeseboard are long standing tenants, holding over for many years at a rental of £6,000 p.a. The Retro Club have also been holding over for some time at a rental of £7,200 p.a. The property is to be sold freehold with vacant possession of the offices (separate access) and the existing holding over leases to The Cheeseboard and The Retro Club.
Asset Management Opportunities
There is scope to re-new the leases on the retail and re-balance the rents upwards to achieve higher rents in line with other shops on the street. The former office premises provide potential to be refurbished, upgraded, and occupied as offices or converted into residential STPP.
Brochures
1 Commercial Street and 2 Mount Parade, Harrogate, HG1 1BX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Harrogate Station0.2 miles
- Hornbeam Park Station1.2 miles
- Starbeck Station1.6 miles
About Montpellier Property Consultants Ltd, North Yorkshire
10 Montpellier Street, Harrogate North Yorkshire HG1 2TQ
Based in Harrogate, we are one of the leading commercial property specialists in North Yorkshire, handling commercial property sales, lettings and acquisitions in the Yorkshire region and nationally for private clients. From our offices in the heart of the Montpellier Quarter of Harrogate we provide specialist advice in Agency, Professional Consultancy, Development, Investment and Valuation.
We act for corporate businesses, public quoted companies, property companies, family trusts, bu
Notes
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