Kelvin House, Main Street, Grassington, Skipton, North Yorkshire

GBP 225,000
For Sale

Property Details

Property Type

Retail Property (high street)

Description

Property Details: • Type: Retail Property (high street) • Tenure: N/A • Floor Area: N/A

Key Features: • For sale by auction on the 26th March 2025 • Guide price £225,000 + • Two ground floor retail units • Both units fully let • Generating £31,000 per annum • Great investment opportunity • Popular tourist destination

Location: • Nearest Station: Gargrave Station • Distance to Station: 7.8 miles

Agent Information: • Address: First Floor, Caledonia House Lawnswood Business Park Redvers Close Leeds LS16 6QY

Full Description: This impressive freehold property comprises two ground floor retail units fully let and producing an annual income of £31,000. Based on the quoted guide price this equates to an impressive return of almost 14%! Please do not be fooled by the photographs, one of the tenants is running a year-round Christmas shop with the other offering a boutique clothing range. The property is located in the popular North Yorkshire village of Grassington which has been a hot-spot with tourists for many years.Any interested parties should be aware that the upper floor apartments have previously been sold off on long leaseholds.ACCOMMODATIONGround FloorEntrance hall, sales areas, storage, WC and kitchen area.Additional InformationTenureFreeholdCharges and PaymentsIn addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.DisbursementsAny additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.Guide PriceGuides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Location

Address

Kelvin House, Main Street, Grassington, Skipton, North Yorkshire

City

Skipton

Features and Finishes

For sale by auction on the 26th March 2025, Guide price £225,000 +, Two ground floor retail units, Both units fully let, Generating £31,000 per annum, Great investment opportunity, Popular tourist destination

Legal Notice

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