5 Cheltenham Parade, Harrogate, North Yorkshire HG1 1DD

5 Cheltenham Parade, Harrogate, North Yorkshire HG1 1DD
£325,000 +
Address:
5 Cheltenham Parade
Town / City:
Harrogate
County:
North Yorkshire
Postcode:
HG1 1DD
Property Type:
Retail
Square Feet:
2,505 sq.ft
Square Metres:
232.72 sq.m.

Description

FOR SALE

Retail premises with upper floor residential potential on Cheltenham Parade in Harrogate town centre.

Location

Harrogate is located approximately 17 miles north of Leeds, 21 miles west of York, 11 miles west of the A1(M) and 9 miles from Leeds/Bradford airport.
Harrogate is one of the largest commercial centres in North Yorkshire and is one of the leading conference and exhibition centres in the North of England.  The resident population is approximately 67,500 with a catchment population order of 50,000 within a 40 minute drive time, within which there is a high socio-economic profile.

Situation

The property is situated on Cheltenham Parade (A61) which forms part of the one way system around Harrogate. Nearby occupiers include Harrogate Theatre, Le Pierre Bistro, Sukhothai, Jinnah, Harrogate Brasserie and Music House amongst others.

Description

The property comprises an end terrace retail unit which is currently used for the retail and maintenance of motorcycles.  The first floor is used as retail sales with the second floor and attic used as ancillary storage/staff facilities.

Accommodation

The property provides the following approximate net internal areas on the retail space and gross internal areas on the former residential space :

5 Cheltenham Parade,
Harrogate
Sq.ft. Sq.m.
Basementn/mn/m
Ground Floor
Sales43540.41
Rear workshop/sales40437.53
First Floor
Sales58554.35
Second Floor
Ancillary staff/former flat61957.50
Attic
Storage Area46242.91

Price

Offers are invited in excess of £325,000.

Rating

We understand from the Valuation Office Agency’s website of Harrogate Borough Council that the premises are currently rated as follows:

5 Cheltenham ParadeRating
Rateable Value wef 01/04/17£11,350

Interested parties are advised to make any further enquiries direct to the Local Rating Authority:
Harrogate Borough Council: 01423 500600.

We understand the property may be eligible for small business rate relief (no rates payable) as it is under the threshold of £12,000 subject to an occupier’s status.

Energy Performance Certificate

An EPC is in the process of being obtained and will be made available by the agent.

VAT

We understand the property has not been elected for VAT and therefore VAT will not be payable in this transaction.

Legal Costs

Each party is to be responsible for their own legal costs incurred in this transaction.

Viewing/Further Information

Please contact the sole selling agent:

Montpellier Property Consultants Ltd

10 Montpellier Street, Harrogate,
North Yorkshire HG1 2TQ.
Contact:                      Peter Rawnsley

Direct Dial:                  01423 547912

General Enquiries:        01423 547313
info@montpellierproperty.com

Particulars Prepared: August 2017

Ref:  MPC150-103

 

 

Property Location

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Montpellier Property Consultants, 10 Montpellier Street, Harrogate, North Yorkshire HG1 2TQ. Telephone: 01423 547313