FMX
Harrogate Parliament Street

Historic Spa Town Retail Investment Opportunity – 17-23 Parliament Street, Harrogate

26 June, 2024
If you’re looking for an investment opportunity in a thriving spa town, look no further than 17-23 Parliament Street – a prime retail and leisure asset located in the heart of Harrogate town centre, close to the world-famous Betty’s tea rooms.
Harrogate Parliament Street

Occupying a prominent island position and totalling 19,283 sq ft of retail and F&B space, this striking Victorian building has been extensively refurbished and extended to provide five well-configured retail and leisure units, over the lower ground, ground and two upper floors. This space is currently let to four tenants including Five Guys, Mitchells & Butlers and Marston’s, plus a rental guarantee, producing a total income of £400,982 per annum.

Now repriced at £4.7m, reflecting a net initial yield of 8% which rises to 9.09% in December 2026, get in touch with Graham Fawcett or Patrick Kilvington, or joint agent CRRE’s Giles Cooper for more details and to start a conversation.

 

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