Commercial Property in Ripon available for sale
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Commercial Property for Sale near Ripon, UK

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Commercial Properties for Sale Within 10 miles of the Ripon, UK

More details for 3 High Street, Leyburn - Retail for Sale

Norfolk House - 3 High Street

Leyburn, DL8 5AQ

  • Retail for Sale
  • £365,000
  • 5,963 sq ft

Leyburn Retail for Sale

Guide Price £365,000 - £415,000.<br/><br/>• Freehold Commercial Property • Prime Trading Position • 5963sqft Over 3 Floors • Retail/Cafe/Residential Options • Options To Create Residential Dwelling • Newly Refurbished Accommodation• Mains Gas •Electric Air Conditioning Heating. Option To Rent. <br/><br/>Leyburn is the eastern gateway to the Yorkshire Dales and a destination town with a range of pubs, shops, and the Wensleydale Railway.<br/><br/>Norfolk House has previously been a department store, gift shop with first floor cafe, and is currently a bed showroom.<br/><br/>The building is large, with scope to subdivide and create some separate residential flats/cottage to the rear, while still retaining an excellent shop and cafe.<br/><br/>The current owners are renovating the second floor which could be owners' accommodation. There is further space in the attic which could also be developed.<br/><br/>Previous tenants were paying a rent of £36,000 pa. The owner's preference is to sell the freehold but may consider a rental or rent to buy option.<br/><br/>The property traded for many years as Serendipity with a turnover around £750,000, included in this was a cafe turnover of around £3500/week.<br/><br/>A change of direction by current owners has meant that the premises are not being utilised to their full potential, hence offered for sale.<br/><br/>Anti-money laundering (AML) checks<br/><br/>Should a purchaser(s) have an offer accepted on a property marketed by J.R. Hopper & Co., they will need to undertake an AML check. We require this to meet our obligation under AML regulations and it is a legal requirement. We use a specialist third party service, provided by Lifetime Legal, to verify your identity. The cost of these checks is £60 (including VAT) per purchase, payable in advance directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.'

Contact:

J.R. Hopper & Co

Property Subtype:

Shopfront

Date on Market:

31/03/2025
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LoopNet UK North Yorkshire Commercial Properties For Sale in Ripon, UK

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FAQs about Commercial Properties For Sale in Ripon

See All Properties For Sale
How many Commercial Property listings are available for sale in Ripon?
There are currently 3 Commercial Properties available for sale near Ripon. These Ripon Commercial Property listings have an average size of 1,900 sq ft. The largest available listing in Ripon is 1,900 sq ft. The thriving commercial centre and excellent transport links in Ripon make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Ripon?
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 Ripon currently range from £110 to £110 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Ripon?
There is a diverse range of commercial properties available in Ripon to suit various business needs. Ripon offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 Ripon 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 Ripon, UK

Market Overview for Commercial Properties in Ripon

Key information for Commercial Properties investors in Ripon 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
Ripon £110 1,900 sq ft
Morley £90 30,647 sq ft
Harrogate £217 17,727 sq ft
Killinghall £98 4,466 sq ft
Hawes £225 1,462 sq ft

Rental Price Trends in Ripon

The price per square foot range for Commercial Properties in Ripon 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
Ripon £110 £110 £110
Morley £90 £90 £90
Harrogate £48 £217 £459
Killinghall £98 £98 £98
Hawes £63 £225 £469

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Ripon 1,900 sq ft 1,900 sq ft 1,900 sq ft
Morley 4,052 sq ft 30,647 sq ft 57,242 sq ft
Harrogate 493 sq ft 17,727 sq ft 158,390 sq ft
Killinghall 4,466 sq ft 4,466 sq ft 4,466 sq ft
Hawes 625 sq ft 1,462 sq ft 3,752 sq ft

You searched for commercial property for sale in Ripon. Explore 1 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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