166-174 HIGH STREET, BOSTON SPA, LS23 6BW

DESCRIPTION

The property comprises a three-storey building constructed in limestone with a part rendered finish under a tiled pitched roof.  The property is fully let to a mobile repair shop, two hairdressers, a café and a restaurant (the restaurant occupying the majority of the upper floor space.

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LOCATION

The property stands in the centre of the village of Boston Spa readily accessible for the larger centres of Wetherby and Tadcaster, and close to the A1 motorway.  There is a public carpark immediately opposite the subject site.  Nearby occupiers include Costcutter, Douglas Yeadon Hardware, Martin House Hospice.  There are a number of cafes and restaurants within close proximity.

  • City: Leeds

Briefly, the accommodation comprises:

  m2 ft2
166 High Street 25 264
168 High Street
Basement 14 152
Ground Floor Salon 29 312
First Floor W.C
170 High Street 27 288
172 High Street 21 226
174 High Street
Ground Floor Entrance 21 225
First Floor Restaurant

& Kitchen

84 929
Restaurant W.C’s, boiler room & ancillary accommodation previously used as a flat
TOTAL 221 2,396

We understand that the property benefits from mains water, drainage, electric and gas in part. Please note that neither service connections nor any appliances have or will been tested prior to completion.

PLANNING

The restaurant has been in restaurant use for many years.  The remaining retail uses have also been in retail use for many years.  Interested parties should make their own enquiries of the planning status of all the accommodation.

The properties have the below entries in the 2026 rateable assessment list.  Interested parties should confirm these with the Local Authority.

Property No. Rateable Value (2026)
166 High Street £7,600
168 High Street £13,750
170 High Street £10,250
172 High Street £7,400
174 High Street £11,500

The freehold interest is offered subject to the existing leases in the sum of £850,000.

VAT

Our client has advised us that Value Added Taxation is not applicable on this transaction. Your legal adviser should verify.

LEGAL COSTS

Each party should be responsible for their own legal costs.

EPC’S

Please see attached documents.

ITEM NO. ADDRESS TERM RENT
1 166 High Street 5 year lease from 8th February 2022.  The property is let on an effective full repairing and insuring lease. £7,000
2 168 High Street 15 year lease from 10th February 2012 on effective full repairing and insuring terms. £15,500
3 170 High Street 6 year lease on effective full repairing and insuring terms from 20th March 2024. £11,500
4 172 High Street 5 year lease from 5th October 2023 on effective full repairing and insuring terms. £7,250
5 174 High Street 10 year lease from 20th November 2025 on effective full repairing and insuring terms. £20,000

The tenants at 166 and 168 High Street are in discussion with regard to lease renewal.  The tenant at 168 High Street has agreed a reversionary lease for a 15-year term with rent reviews at 5 yearly intervals and tenant break clause every 3 years subject to 6 months’ notice at an annual rent of £17,050.  All other terms will be the same as the existing lease subject to modernisation.