<<

87 HIGH STREET, NORTHALLERTON, NORTH , DL7 8PP

Mixed High Street Investment Property For Sale

LOCATION Flat 1 The property is prominently situated upon Northallerton High Street First floor one bed apartment extending to 54 sq m (581 sq ft)with amongst a range of established businesses. Northallerton is an lounge, kitchen, bathroom & gas central heating attractive market town in the of , approximately 16 miles south of and 30 miles north of Flat 2 , with well served transport links via the A19 and (M) situated Second floor two bed apartment extending to 58 sq m (628 sq ft) with approximately 5 miles east and 6 miles west respectively. Northallerton lounge, kitchen, bathroom & gas central heating also lies on the railway, offering direct connections to & . PLANNING The property is Grade II Listed and it lies within Northallerton Northallerton is a popular trading location, incorporating a number of Conservation Area. highly regarded retail businesses including Betty’s Café & Tea Room and Lewis & Cooper Food Emporium & Delicatessen, together with a range TENURE of national occupiers including Pizza Express, Caffe Nero and Argos. The Freehold. property lies just 100m south of the newly developed 9,000 sq ft M & S Simply Food and café store. Barkers Department store is situated at the TENANCY INFORMATION centre of the high street close by. 87 High Street DESCRIPTION Let to Barnsley Beer Company Ltd for a term of 10 years from The property comprises a traditional three-storey building of brick December 2009 on effectively full repairing terms by way of a service construction under a pitched and tile covered roof comprising a ground charge. The passing rent is £26,000 per annum exclusive of VAT. floor retail unit with two residential apartments to the upper floors. To the rear there is a single storey brick built former taxi office which may 87b High Street be suitable for a variety of redevelopment opportunities, particularly Vacant residential conversion, subject to any necessary planning consents being obtained. Flat 1 Currently occupied by way of a standard AST from August 2016 at a ACCOMMODATION rent of £450 per calendar month. The accommodation comprises: Flat 2 87 High Street Currently occupied by way of a standard AST from August 2016 at a Ground Floor retail unit let to Barnsley Beer Company Ltd trading as rent of £450 per calendar month. “Bargain Booze”. Gross Annual Income: £36,800 per annum Sales 98.83 sq m (1064 sq ft) Stores 10.94 sq m (117 sq ft) PRICE Total 109.77 sq m (1181 sq ft) The property is available freehold at an asking price of £350,000.

87b High Street Former taxi office currently vacant, comprising sales area with WC extending to a Net internal area of 21.23 sq m (228 sq ft).

Shakespeare House 18 Shakespeare Street NE1 6AQ tel (0191) 261 0300 fax (0191) 230 3113 e-mail [email protected] www.stantonmortimer.co.uk RATEABLE VALUE & ENERGY PERFORMANCE CERTIFICATES

The Property is entered into the current Rating List as follows: The property has the following EPC ratings. EPC certificates are available on request. 87 High Street, Northallerton £19, 500 87b High Street, Northallerton £2,500 87 High Street – E 119 87b High Street – (TBC) Flat 1 & Flat 2 are both listed as Band A properties. Flat 1, 87 High Street – D 61 Flat 2, 87 High Street – F 31 Interested parties should verify these figures with the Local Authority. LOCAL AUTHORITY VAT Hambleton District Council, Civic Centre, Stonecross, Northallerton, North Any reference to price, premium or rent is deemed to be exclusive of VAT (if Yorkshire, DL6 2UU. applicable) thereon. Where rents are quoted as inclusive figures this does not include VAT. Interested parties should clarify the incidence of VAT in any Please note that the adjoining investment property, 88 High Street, is also event with their legal advisers. available for sale. Details on request.

LEGAL COSTS Particulars Prepared: 09/16

Each party to bear its own proper legal costs.

VIEWING

Strictly by appointment with Stanton Mortimer (reference Michael Blake or Paul Fairlamb at the Newcastle office: telephone 0191 2610300) or joint agents, Carvers Commercial.

Not to Scale. For identification purposes only Stanton Mortimer Limited, trading as Stanton Mortimer Property Consultants, registered in no: 5346678. Registered office 1A Meal Market, Hexham, , NE46 1NF STANTON MORTIMER LIMITED (and their joint agents, if appropriate) for themselves and for the Vendor/Lessor of this property for whom they act give notice that: 1.The information contained in these particulars is intended as a general outline only for the guidance of intending purchasers or tenants and neither Stanton Mortimer Limited (nor their joint agents, if appropriate) nor the Vendor/Lessor on whose behalf these particulars are provided, accept any responsibility for any inaccuracies the particulars may contain and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves by inspection or otherwise as to their accuracy. 2.All Floor areas and measurements are approximate. 3.These particulars do not form part of any offer or contract. They contain in some instances, statements of opinion, or we have relied upon information provided by others. The information should be verified by you on inspection or your solicitor. 4.Neither Stanton Mortimer Limited (nor their joint agents, if appropriate), nor any of their employees has any authority, either orally or in writing to make or give or imply any representations or warranty in relation to the property.