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New Market 1,176 sq ft Retail Property Otley LS21 3AE £280 (£0.24/sq ft)

Investment Highlights
- Located in Busy Market Town
- 2 Bedroom Owners Accommodation
- Open Plan Trading Area
Executive Summary
Inner entrance porch leading through to a recently refurbished open plan, split level bar area with large screen TV's accommodating approximately 65 persons on fixed perimeter seating and low stools around wooden topped tables, part stripped wooden floor and part tiled floor with a central timber fronted bar server under a solid wooden counter. On the lower level in the main bar is a games area with dart throw and seating approximately 12 persons. Ladies and Gentleman's toilets are located to the rear of the bar area and are furnished to a good standard. The beer cellar is located in the basement.
Freehold. There is a tenant in situ on a 7 year lease from 1st August 2019 with a headline rent of £25,000 pa with a 5 year rent review. The tenant is prepared to vacate the property by negotiation should vacant possession be required.
Freehold. There is a tenant in situ on a 7 year lease from 1st August 2019 with a headline rent of £25,000 pa with a 5 year rent review. The tenant is prepared to vacate the property by negotiation should vacant possession be required.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
1,176 sq ft
Costar Property Class
B
Year Built
1900
Price
£280
Price per sq ft
£0.24
Tenancy
Single
Number of Floors
2
Plot ratio
0.90
Total Plot Size
0.03 ac
Frontage
39 ft on New Market
Amenities
- EPC - D
1 1
Nearby Major Retailers
1 of 2
Videos
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Photos
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Map
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Presented by
New Market
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