34-36 Parliament Street, Harrogate, North Yorkshire, HG1 2RL
£655,000 which shows a net initial yield of 8% after purchasers costs.
Total income - £55,000pa from three occupiers.
No VAT.
Ideal for SIPP purchase.
Located in busy central position within Harrogate close to Bettys, The Ivy, Five Guys, and other independent retail users
Long term potential residential development for uppers floors (subject to consents).
Fergus Laird
Interested in this property?
Please contact me
Chris Donabie
Interested in this property?
Please contact me
Location
Harrogate is a busy tourist and dormitory Victorian spa town located in the heart of North Yorkshire, regularly voted in the top ten places in the UK to live. Leeds is just 15 miles to the south and York 22 miles to the East. It sits in the foothills of the Yorkshire Dales National Park. Access the UK road network is easy via the A1(M) motorway just to the East of the town.
The property is located on the East side of Parliament Street, the main A61 road running through the town linking with Leeds in the south and Ripon to the north. Close by occupiers include the famous Bettys café and tea rooms, The Ivy, Wagamama and in an area comprising a number of privately owned boutique retail units.
Description
The property comprises a three-story mid terraced property of traditional Victorian construction. The hairdressers have a lease over part ground and all 1st and 2nd floor but sublet a large area of their accommodation to a Tattoo Studio/Beauty Rooms. The remainder of the ground floor comprises two shops : a newsagents and an architects office (currently fitting out).
