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

Explore the Latest Otley Commercial Property for Sale

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

More details for Beckwith Head Rd, Harrogate - Land for Sale

Beckwith Head Rd

Harrogate, HG3 1RY

  • Land for Sale
  • 11.79 ac Plot
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More details for Skipton Rd, Harrogate - Retail for Sale

Toad Hall Emporium - Skipton Rd

Harrogate, HG3 2LT

  • Retail for Sale
  • £1,500,000
  • 9,789 sq ft

Harrogate Retail for Sale

The property comprises a substantial mixed use building which has been subject to various extensions, most of which are believed to date from the 1970s. The property was formerly a restaurant and events venue, although the current use of the building is as a café and gift shop with residential accommodation. The café and gift shop are situated on the ground floor at the front of the property. Off the café there is also a substantial former commercial kitchen and an office which the vendor operates a motorhome business from. The rear of the ground floor and part of the lower ground floor has been converted by the vendor into living quarters. This currently comprises a large hallway, three bedrooms, large bathroom and a dressing room on the ground floor. The lower ground floor comprises a large open plan kitchen/living/dining area as well as a home gym/conservatory. The remainder of the lower ground floor comprises a small workshop, part of the former commercial kitchen and ancillary storage space. Externally the property occupies a regular shaped site. There is a gravel surfaced car park to the west of the building providing substantial car parking. Within the grounds there is also a detached mobile office unit which is no longer in use and a static caravan operated as an Air BnB. There is also a small fenced off paddock with two timber stables and a wind turbine to the far western side of the site.

Contact:

Eddisons

Property Subtype:

Shopfront

Date on Market:

10/07/2025

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FAQs about Commercial Properties For Sale in Otley

See All Properties For Sale
How many Commercial Property listings are available for sale in Otley?
There are currently 2 Commercial Properties available for sale near Otley. These Otley Commercial Property listings have an average size of 3,617 sq ft. The largest available listing in Otley is 6,780 sq ft. The thriving commercial centre and excellent transport links in Otley make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Otley?
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 Otley currently range from £111 to £182 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Otley?
There is a diverse range of commercial properties available in Otley to suit various business needs. Otley offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 Otley 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 Otley, UK

Market Overview for Commercial Properties in Otley

Key information for Commercial Properties investors in Otley 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 £146 3,617 sq ft
Killinghall £100 4,466 sq ft
Yeadon £97 4,260 sq ft
Pudsey £83 7,681 sq ft

Rental Price Trends in Otley

The price per square foot range for Commercial Properties in Otley 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 £111 £146 £182
Killinghall £100 £100 £100
Yeadon £97 £97 £97
Pudsey £33 £83 £129

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Otley 454 sq ft 3,617 sq ft 6,780 sq ft
Killinghall 4,466 sq ft 4,466 sq ft 4,466 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
Pudsey 1,014 sq ft 7,681 sq ft 18,028 sq ft

You searched for commercial property for sale in Otley. Explore 2 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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