Tenanted investment
Tenanted retail freehold, Harrogate
Well-let parade unit with an established covenant
Harrogate, Yorkshire, HG1 2QP
- Guide price
- Guide price (freehold investment)
- Section
- Investment property
- Category
- Retail and shops
- Tenure
- Freehold
- Annual rent
- £18,500
- Indicative yield
- 7.55%
- Size
- 1,420 sq ft
Why this opportunity stands out
Fully let freehold with an indicative yield above 7% and a tenant in occupation since 2019.
Full description
A traditional stone-fronted retail unit in a busy Harrogate secondary pitch, let on a full repairing and insuring lease to an established independent retailer. The property offers reversionary potential at the next review and benefits from good passing footfall and nearby short-stay parking.
Property facts
- EPC
- C
- VAT
- Property not elected for VAT
- Tenant
- Independent retailer, in occupation since 2019
- Lease Term
- 10 years from 2019, FRI
- Rent Review
- 5-yearly upward only
- Break Option
- Tenant break at year 7
- Service Charge
- Not applicable — single let
Location context
This opportunity is in Harrogate, Yorkshire. Postcode districts are shown to indicate the trading position; the precise address is confirmed by the advertiser on enquiry.
Map view — HG1 2QP