5 CAMBRIDGE ROAD, HARROGATE HG1 1PB
This four-storey building comprises a café at ground floor level and gallery, trophy manufacturer and vacant space at first floor level. The property is of traditional construction with walls built in stone under a slated pitched roof. The property fronts directly onto the footpath. The upper floors are separately accessed and there is a yard at the rear and access to the rear via a back road. There may be scope to convert the upper floors to residential – subject to consents. Click here for the PDF brochure.
The property occupies a prime street in the retail core of Harrogate, 4-minutes’ walk from the rail & bus stations. The nearby towns of Leeds (15 miles) and Ripon (12 miles) are readily accessible. Nearby occupiers include Tesco Express, Superdrug, Greggs McDonald’s and Santander.
We understand the property benefits from all mains services. No test of the services has been made. Purchasers should rely on their own investigations.
This property is believed to have planning consent for its current use as a café and offices at first floor level. Purchasers should make their own enquiries with the Local Authority.
The property is offered for sale subject to the existing tenancies at offers in excess of £650,000.
The ground floor and basement café is held on a 15 year lease from 1st September 2006. The passing rent is £26,500 per annum. The lease is held on internal repairing and insuring terms. The tenant is currently holding over. The trophy occupier at first floor level occupies on a licence. The artist occupies on a licence. The remaining space is vacant.
Our client advises that VAT is not applicable on this transaction. Your legal advisors should verify.