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28 High St 3,367 SF Retail Building Knaresborough HG5 0EQ $260,702 CAD ($77.43 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • AVAILALBE IN OUR AUCTION ON 24TH APRIL 2025 AT 3PM - LOT 6.
  • Prominent position
  • Freehold of the whole buidling

EXECUTIVE SUMMARY

AVAILALBE IN OUR AUCTION ON 24TH APRIL 2025 AT 3PM - LOT 6.

The property provides the whole of this brick built terrace property under a pitched tiled roof. The takeaway on the ground floor comprises a retail sales area and several preparation rooms/storage rooms to the rear of the property. An integral staircase leads to the first floor, providing ancillary staff/storage facilities.

Accommodation
The accommodation comprises the following areas:

Ground Floor Sales Area 426 sq ft (39.58 sq m)
Ground Floor Rear Preparation Room 115 sq ft (10.68 sq m)
Ground Floor Store 84 sq ft (7.80 sq m)
Ground Floor Store 57 sq ft (5.30 sq m)
1st Floor Staff Room 235 sq ft (21.83 sq m)
1st Floor Store 88 sq ft (8.18 sq m)
Total 1,005 sq ft (93.37 sq m)

Occupational Lease
The Chinese Takeaway retail premises are currently let on an effective full repairing
and insuring 15 year lease (in a personal name) wef 02/05/15 at a current rent of
£16,500 p.a. and with upward only 3 yearly rent review provisions.

Tenure
The freehold of the whole building is available subject to the occupational lease on
the ground floor shop and the long leasehold interest (999 years with effect from 25th October
2019) on the residential flat above at a peppercorn rent. There are shared repairing
obligations between the shop tenant and the residential flat above.

Solicitors
Switalskis Solicitors, Scorex House, 1 Bolton Road, Bradford, BD1 4AS. [use Contact Agent Button]. FAO: Claire Murphy

The property is situated in a prominent position at the top end south eastern section of the High Street. It is located opposite the bus station providing a very visible return frontage window display onto the High Street and side street Park Place. Knaresborough is an historic market town and spa town in the Borough of Harrogate. It is located on the River Nidd 4 miles east of Harrogate and approximately 15 miles west of York.







PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,367 SF
Building Class
C
Year Built
1900
Price
$260,702 CAD
Price Per SF
$77.43 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
3.21
Lot Size
0.02 AC
Frontage
24’ on Park Place

AMENITIES

  • Corner Lot

NEARBY MAJOR RETAILERS

Caffè Nero
Sainsbury's
Barclays
NatWest
Virgin Money
Co-op
ASDA
Lidl
PureGym
  • Listing ID: 35427371

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 28 High St, Knaresborough HG5 0EQ

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