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Investment Highlights
- Car parking
- Versatile use
- Natural light
- LED lighting
Executive Summary
Freehold mixed-use investment
Ground floor retail with upper residential apartments
2,719 sq ft. approx
Positioned on Harrogate's busy Skipton Road
Introducing a prime opportunity on Skipton Road one of Harrogate's busiest secondary through roads. This substantial end terraced mixed-use property boasts a versatile layout ideal for investors and/or entrepreneurs.
The ground floor, previously housing a long-established optician, features an expansive open-plan front area with potential for reconfiguration, courtesy of stud walls dividing rear rooms. The specification includes LED lighting, predominantly carpeted floors and neutral decor.
The first floor encompasses two spacious apartments, accessible via a dedicated side door. Apartment B showcases a generous 2-bedroom layout, while the rear apartment offers a sizable 1-bedroom space, both ripe for cosmetic enhancements to maximize rental returns. Recent upgrades include new gas central heating boilers to both apartments.
Both flats are tenanted offering the following income:
Apartment B - £615.00 per calendar month
Apartment C - £605.00 per calendar month
Additionally, the property offers ample forecourt parking for up to 4 vehicles, further enhancing its appeal.
Planning permission to convert the building from retail to flats to include two flats on the ground floor in addition to the two flats on the first floor was previously granted. The extensive loft space could also be further developed, subject to the necessary planning consents.
Don't miss this chance to capitalize on a versatile property with substantial income potential and potential scope for further development.
Brief Terms
Terms: Freehold. The property is available to purchase freehold, subject to the existing tenancies.
Rateable Value: £13,750.
Uniform Business Rate for 2025/26: 0.546. Small business rate relief may be available to some occupiers. Further enquiries should be directed to NYC for any rates related matters or queries. FSS will accept no liability for any changes to business rates.
Ground floor retail with upper residential apartments
2,719 sq ft. approx
Positioned on Harrogate's busy Skipton Road
Introducing a prime opportunity on Skipton Road one of Harrogate's busiest secondary through roads. This substantial end terraced mixed-use property boasts a versatile layout ideal for investors and/or entrepreneurs.
The ground floor, previously housing a long-established optician, features an expansive open-plan front area with potential for reconfiguration, courtesy of stud walls dividing rear rooms. The specification includes LED lighting, predominantly carpeted floors and neutral decor.
The first floor encompasses two spacious apartments, accessible via a dedicated side door. Apartment B showcases a generous 2-bedroom layout, while the rear apartment offers a sizable 1-bedroom space, both ripe for cosmetic enhancements to maximize rental returns. Recent upgrades include new gas central heating boilers to both apartments.
Both flats are tenanted offering the following income:
Apartment B - £615.00 per calendar month
Apartment C - £605.00 per calendar month
Additionally, the property offers ample forecourt parking for up to 4 vehicles, further enhancing its appeal.
Planning permission to convert the building from retail to flats to include two flats on the ground floor in addition to the two flats on the first floor was previously granted. The extensive loft space could also be further developed, subject to the necessary planning consents.
Don't miss this chance to capitalize on a versatile property with substantial income potential and potential scope for further development.
Brief Terms
Terms: Freehold. The property is available to purchase freehold, subject to the existing tenancies.
Rateable Value: £13,750.
Uniform Business Rate for 2025/26: 0.546. Small business rate relief may be available to some occupiers. Further enquiries should be directed to NYC for any rates related matters or queries. FSS will accept no liability for any changes to business rates.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office / Residential
Property Size
2,719 sq ft
Costar Property Class
B
Year Built
1900
Price
£395,000
Price per sq ft
£145.27
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,360 sq ft
Plot ratio
0.36
Total Plot Size
0.17 ac
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