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2 Knaresborough Rd
Harrogate HG2 7SP
Retail Property For Sale


Investment Highlights
- Mixed-use investment property
- Fully income-producing investment
- Positioned with good frontage
Executive Summary
An attractive end-terrace mixed-use investment property comprising a ground floor commercial unit together with two self-contained one-bedroom apartments arranged across the upper floors. Prominently positioned with good frontage, the property provides a diversified income stream from commercial, residential and advertising uses.
The ground floor commercial premises are currently let at £8,400 per annum, with the two residential apartments producing a combined rental income of £13,200 per annum. A further £2,640 per annum is generated from advertising hoarding/signage on the property, providing a total current income of £24,240 per annum. The property is offered for sale as a fully income-producing investment at a guide price of £300,000, reflecting a gross return of approximately 8%. The combination of commercial and residential accommodation, together with the additional signage income, provides an attractive diversified investment opportunity.
The ground floor commercial premises are currently let at £8,400 per annum, with the two residential apartments producing a combined rental income of £13,200 per annum. A further £2,640 per annum is generated from advertising hoarding/signage on the property, providing a total current income of £24,240 per annum. The property is offered for sale as a fully income-producing investment at a guide price of £300,000, reflecting a gross return of approximately 8%. The combination of commercial and residential accommodation, together with the additional signage income, provides an attractive diversified investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
721 sq ft
Costar Property Class
B
Year Built
1935
Price
£300,000
Price per sq ft
£416.09
Yield
8%
NOI
£24,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.21
Total Plot Size
0.08 ac
Frontage
66 ft on Knaresborough Road
Amenities
- Storage Space
- Smoke Detector
1 of 4
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