Price
Rent
Net Initial Yield
Tenure
•The historic Georgian spa town of Harrogate is an attractive retail centre with an affluent catchment population – It is one of the most sought after investment
locations in the UK.
•The property occupies a 100% prime trading location on the pedestrianised Cambridge Street opposite Primark and Boots.
•Comprising three retail units at ground floor level with residential upper parts which will be retained by the vendor.
•The three units are fully let on separate tenancies to Bodycare, Pandora and a phone shop, providing a total passing rent of £207,000 per annum.
•Attractive WAULT of 7.05 years and 5.07 years to break.
•Freehold.
We have been instructed to seek offers in excess of £2,300,000 (Two Million Three Hundred Thousand Pounds), subject to contract
and exclusive of VAT. A sale at this price reflects a net initial yield of 8.43%, assuming standard purchaser costs.
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