Commercial Street, Harrogate, North Yorkshire, HG1

An opportunity to purchase a freehold investment opportunity on Commercial Street consisting of a ground floor retail space and a first-floor maisonette apartment, plus 2 parking spaces
demised to the flat, both parts let and income producing.

An opportunity to purchase a freehold investment opportunity on Commercial Street consisting
of a ground floor retail space and a first-floor maisonette apartment, plus 2 parking spaces
demised to the flat, both parts let and income producing.

The ground floor commercial element of the building is currently let to a gentlemen’s barbers who took occupation on a 5 year lease from 1st April 2022 at a rent of £10,750 per annum.

The upper floor maisonette apartment has recently undergone a full, significant refurbishment and has been let, we understand, for 40 plus years to a historic tenant on a protected Rent Act tenancy at a rent of £280pcm. An application could be made to the Rent Officer to increase the rent under the terms of the Rent Act.

The premises occupy a first class location on Commercial Street, a busy shopping street in Harrogate Town centre. The street is thriving boasting predominantly local independent shops including a butchers, jewellery shops, barbers, cafes and much more. The street has its own website so further information can be found at commercial-street.co.uk.

Heading down Commercial Street from Station Parade the subject premises are located on the left hand side and identified by our to let board.