1 and 2 The Stone Yard, , Fishergate, Boroughbridge, York, , YO51 9AL
Investment Opportunity
£340,000Make an enquiry
Offer
LOCATION
The Stone Yard is situated within an attractive courtyard located off the main shopping high street. Boroughbridge is a small town on the edge of the Vale of York with a real sense of community and a thriving high street attracting many visitors to the town. It is located close to the A1(M) and has good road links with the larger towns of Harrogate and Ripon only a short distance away with the city of York approx. 18 miles away.
DESCRIPTION
The units form part of a single storey commercial building and in total extend to 1,143 sq ft (106.2 sq ms). Situated within an attractive courtyard bounded by a brick/stone wall and railings, the units are fully let creating a secure investment opportunity and available as a whole or as separate units.
ACCOMMODATION
Unit 1 – 1 The Stone Yard, Guide price £190,000
Currently let to a hairdressing salon on a 9 year lease from 2018. Rent review every 3 years and the current rent is £9,000 pa.
Unit 2 – 2 The Stone Yard, Guide price £150,000
Currently let to a retail shop on a 10 year lease from 2018. Rent review in 2023 and the current rent is £7,000 pa.
Both units share the use of the yard
SERVICES
All mains services are installed to the building
TERMS
Tenure
Freehold subject to the tenancies as aforementioned.
Copies of the leases are available upon request.
OUTGOINGS
1 The Stone Yard - Rateable Value - £7,800
2 The Stone Yard – Rateable Value - £4,600
OTHER
Wayleaves, Easements and Rights of Way
The property is sold subject to all rights of way, public and private that may affect the property.
VIEWING
Strictly through the selling agents, Lister Haigh 01423 860322
