Commercial Property in HG1 available for sale
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Commercial Properties for Sale in HG1, Harrogate

Find commerical property for sale in HG1 that meets your business or investment goals

More details for 247 Skipton Rd, Harrogate - Retail for Sale

247 Skipton Rd

Harrogate, HG1 3EY

  • Retail for Sale
  • £350,000
  • 3,330 sq ft
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More details for 81 Station Parade, Harrogate - Retail for Sale

81 Station Parade

Harrogate, HG1 1ST

  • Retail for Sale
  • £850,000
  • 1,358 sq ft
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More details for Skipton Road, Harrogate - Office for Sale

Skipton Road

Harrogate, HG1 3EZ

  • Office for Sale
  • £300,000
  • 1,605 sq ft
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More details for Dragon Parade Parade, Harrogate - Office for Sale

Dragon Parade Parade

Harrogate, HG1 5BY

  • Office for Sale
  • £750,000
  • 5,800 sq ft
  • 1 Unit Available
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More details for East Parade Parade, Harrogate - Build-to-Rent for Sale

East Parade Parade

Harrogate, HG1 5LQ

  • Build-to-Rent for Sale
  • £850,000
  • 1,995 sq ft
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More details for Freehold Ground Rent 'Choice Portfolio' – Hospitality for Sale

Freehold Ground Rent 'Choice Portfolio'

  • Hospitality for Sale
  • £15,300,000
  • 158,390 sq ft
  • 3 Hospitality Properties

Portfolio of properties for Sale - Wakefield

**Freehold ground rent investment, benefiting from c.121 years of contracted, RPI-linked ground rent income. The hotels are fully occupied and operated by the tenant under long-dated ground rent leases.** Portfolio Summary • Ground rent portfolio comprising three assets let to EC4 Hotel Limited (subsidiary of Choice Hotels Limited) • The three hotels are well located in Harrogate, Huddersfield, and Wakefield • All leases commence 1st November 2017 for a term of 125 years providing over 121 years to expiry (expiring 31st October 2142) • Total passing rent of £489,819 p.a. • The ground rent reflects a blended EBTIDA to rent cover ratio of c14% off forecasted stabilised • All assets are held Freehold • The rent is subject to upwards only 5 yearly, RPI rent reviews, collar and cap of 0%-4% with the next review in November 2022 • All assets are underpinned by VP and alternative use values • Rent has continued to be paid in full throughout the Covid 19 Pandemic The vendor is seeking offers in excess of £15,300,000 (Fifteen Million and Three Hundred Thousand Pounds) reflecting a net initial yield of 3.00% after purchaser’s costs of 6.70%. A purchase price at this level represents a very low average price per key of £42,265 which is less than VP or build cost. Reversionary yield of 3.40% following the review in 2022 assuming RPI growth of 2.5% p.a. At the quoting price, the net income generated from the hotels would reflect a yield of c21% off forecasted stabilised.

Contact:

Kimmre

Date on Market:

06/03/2025

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More details for 40-42 Parliament St, Harrogate - Retail for Sale

40-42 Parliament St

Harrogate, HG1 2RL

  • Retail for Sale
  • £575,000
  • 1,632 sq ft
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More details for 1 Commercial Street and 2 Mount Parade – Retail for Sale, Harrogate

1 Commercial Street and 2 Mount Parade

  • Retail for Sale
  • £550,000
  • 1,747 sq ft
  • 2 Retail Properties
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FAQs About Commercial Property For Sale in HG1

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How many commercial properties are currently available for sale in HG1?
There are currently 11 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in HG1?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the HG1, Harrogate

You searched for commercial property for sale in HG1. Explore 11 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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