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- 6,429 sq ft of retail and ancillary accommodation in the heart of Harrogate town centre.
- New 10-year FRI lease to Clydesdale Bank PLC (trading as Virgin Money), commencing September 2026, with no break clause.
- Β£175,000 per annum passing rent, with an RPI-linked rent review in year five, subject to a 1β3% collar and cap.
- Planning consent secured to convert the upper floors into six residential apartments, comprising four one-bedroom and two two-bedroom flats.
- 6.10% net initial yield at the quoted asking price
Harrogateβs affluent catchment and established retail further strengthens this opportunity, with the town attracting an estimated 3 million visitors annually. We've been instructed to seek offers in excess of Β£2.7m.
To find out more or arrange a viewing, get in touch with Tom Heptonstall, Patrick Kilvington or Oliver Smart from the FMX team, who are jointly marketing the opportunity alongside Tom Limbert at Central Retail.
Harrogate 21 James Street & 1 3 Princes Street Brochure