5 NEWMARKET STREET, SKIPTON BD23 2HX
Price: Sale Price: £395,000
Size: SOA Primary Category: Investment All Categories:
Investment, Property Ref/Movehut: MH510051 Property Ref/Agent: 5 NEWMARKET STREET, SKIPTON BD23 2HX
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: November 15, 2019
The property is located on Newmarket Street in Skipton town centre close to the junction with High Street, the principle shopping street of the town. Newmarket is one of the main routes into the town from the East.
The property comprises a substantial stone built property under a Yorkshire slate roof. The ground floor and part first floor is used as a hairdressers and trades as Saks, the nationally recognised chain. The first and second floors are two self-contained vacant flats which would benefit from updating. The flats are accessed via a separate entrance at the rear. Outside there is a small stone built store.
The accommodation briefly comprises:-
Ground Floor sales 750 sq ft 69.7 sqm
First Floor staff
113 sq ft 10.5 sqm
First Floor Flat comprising kitchen, bathroom, living room, bedroom
Second Floor Flat comprising kitchen, bathroom, living room, 2 bedrooms
The ground and first floor is let to J M Goddard trading as Saks for a term commencing on 19 August 2015 and terminating on 31 August 2025. The annual rent is 17,000 per annum plus VAT payable monthly in advance. There is a tenant break on 31 August 2020. There is a rent review on 1 September 2020. The lease is on an internal repairing and insuring basis with a service charge capped at 500 per annum.
The flats are vacant.
Offers in the region of 395,000 are invited for the freehold interest.
The ingoing tenant will be responsible for both parties legal costs incurred in the transaction.
The property is registered for VAT.
Strictly by appointment through this office.
SUBJECT TO CONTRACT AND AVAILABILITY
ALL DIMENSIONS AND AREAS ARE APPROXIMATE
EPC for 5 NEWMARKET STREET, SKIPTON BD23 2HX
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