9 Westminster Arcade, Harrogate, North Yorkshire HG1 2RN

9 Westminster Arcade, Harrogate, North Yorkshire HG1 2RN

TO LET

Fully fitted out Cafe/tearoom with storage within the established and recently refurbished Westminster Arcade in Harrogate town centre.

Location

Harrogate is located approximately 17 miles north of Leeds, 24 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 a leading conference and exhibition centre in the North of England.  The resident population is approximately 67,500 with a catchment population in the order of 500,000 within a 40 minute drive time, within which there is a high socio-economic profile.

Situation

The property is situated on the first floor within the Westminster Arcade, fronting Parliament Street.  The Arcade has comprehensively been refurbished and provides 12 units. Westminster Arcade links Parliament Street to the Jubilee Car Park with 450 car spaces. Westminster Arcade is close to Debenhams, Jo Jo Maman Bebe, Rymans and Early Learning Centre and on Parliament Street, Fattorini Jewellers, Moss Bros and Nando’s.  Cordings have recently taken the front unit and three floors within the Arcade.

Description

The property provides an open plan dining area and separate kitchen.  There is also a store room to the second floor.  The property is currently presented as a fully fitted Café/Tearoom enabling a new occupier to trade immediately upon completion of the assignment.        

To download a brochure please click here:Brochure – 9 Westminster Arcade

Accommodation

The property provides the following approximate floor areas:-

9 Westminster Arcade,
Harrogate
Sq.ft.Sq.m.
First Floor
Cafe/Dining Area25323.51
Second Floor
Kitchen1029.45
Store Room12711.76
Total Net Internal Area48244.72

Lease Terms

The property is available to let by way of an assignment of the existing FRI lease which has expired and is awaiting a new lease to suite a new occupiers requirements.

Rent

£9,500 per annum exclusive.  All rents quoted are exclusive of rates, services, service charge and insurance and are payable quarterly in advance.

Price

The lease is available by way of a single premium of £25,000 which is to include the kitchen to enable the business to continue as existing.

Service Charge

The current service charge is circa £5,000 p.a. which we understand includes heating, refuse collection, security and a caretaker for the arcade.

Rating

We are verbally informed by Harrogate Borough Council that the premises are currently rated as follows:

PropertyDescriptionRateable Value
9 Westminster ArcadeCafe and Premises£5,200 p.a.

The uniform business rate is £0.48 wef 1st April 2018.

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

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 been elected for VAT.

Legal Costs

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

Viewing / Further Information

Please contact the sole letting 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

Photographs and brochure prepared: April 2018
Ref:  MPC150-476

 

 

 

 

 

 

 

 

 

 

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