Commercial Property in Farnley available for sale
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Commercial Properties for Sale near the Farnley, Otley

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Commercial Properties for Sale Within 5 miles of the Farnley, Otley

More details for 15-17 Wesley St, Otley - Retail for Sale

15-17 Wesley St

Otley, LS21 1AZ

  • Retail for Sale
  • £110,000
  • 454 sq ft

Otley Retail for Sale

AVAILABLE BY PUBLIC AUCTION ON THE 4TH OCTOBER 2018 AT 3PM AT THE PAVILIONS OF HARROGATE, THE GREAT YORKSHIRE SHOWGROUND, WETHERBY ROAD, HARROGATE HG2 8QZ.<br /><br /><b>INVESTMENT</b><br /><br /><b>Description</b><br />A superb opportunity to acquire this immaculate investment property, comprising a ground floor caf with basement storage and a first and second floor, 1 bedroom maisonette The current annual rental is £10,880 and thus delivers a gross yield close to 10% based on the guide price. The current caf business has been trading from the site for over 20 years and the fully self-contained first and second floor maisonette is let on Assured Shorthold Tenancy. <br /><br />This superb opportunity represents an excellent investment given the well run tenancies and beautifully maintained property created by the current vendors. <br /><br /><b>Location</b><br />The property is located on a prominent corner site, just off the main A659 Boroughgate and is therefore close to the town centre and amenities as well as transport links.<br /><br /><b>Tenure</b><br />Freehold but subject to the tenancies:<br />Shop let until June 2021 at the annual rental of £4,940 payable monthly, let to Rafferty&#39;s Caf.<br />1st and 2nd floor maisonette is let at the rental of £5,940 per annum, payable monthly until the 30th June 2019.<br /><br /><b>Services</b><br />All mains services are connected to the property.<br /><br /><b>Energy Performance Certificate (EPC) Rating</b><br />Commercial Unit - Grade D.<br />Flat - Grade E.<br /><br /><b>Solicitors</b><br />Walker Foster, 3 High Street, Skipton, BD23 1AA.<br />[use Contact Agent Button] FAO: David Barton.<br /><br />Auction viewings take place as blocked appointments.<br />Tel.[use Contact Agent Button].<br /><br />Viewing by appointment only.<br /><br />You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner&#39;s express prior written consent. The website owner&#39;s copyright must remain on all reproductions of material taken from this website.<br /><br />

Contact:

Feather Smailes & Scales LLP

Property Subtype:

Shopfront

Date on Market:

28/09/2025
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LoopNet UK West Yorkshire Otley Commercial Properties For Sale in Farnley, Otley, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Farnley

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How many Commercial Property listings are available for sale in Farnley?
There are currently 0 Commercial Properties available for sale near Farnley. These Farnley Commercial Property listings have an average size of. The largest available listing in Farnley is. The thriving commercial centre and excellent transport links in Farnley make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Farnley?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Farnley currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Farnley?
There is a diverse range of commercial properties available in Farnley to suit various business needs. Farnley offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Farnley commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Farnley, Otley

Market Overview for Commercial Properties in Farnley

Key information for Commercial Properties investors in Farnley and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Otley £126 4,011 sq ft
Yeadon £97 4,260 sq ft
Killinghall £100 4,466 sq ft
Pudsey £60 11,014 sq ft

Rental Price Trends in Farnley

The price per square foot range for Commercial Properties in Farnley and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Otley £87 £126 £181
Yeadon £97 £97 £97
Killinghall £100 £100 £100
Pudsey £33 £60 £87

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Farnley area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Otley 454 sq ft 4,011 sq ft 6,780 sq ft
Yeadon 4,260 sq ft 4,260 sq ft 4,260 sq ft
Addingham 3,314 sq ft 3,314 sq ft 3,314 sq ft
Killinghall 4,466 sq ft 4,466 sq ft 4,466 sq ft
Pudsey 4,000 sq ft 11,014 sq ft 18,028 sq ft

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