7 Bedrooms for sale in Investment Property HG1, North Yorkshire | £ 650,000
Overview
| Price: | £ 650,000 |
|---|---|
| Contract type: | For Sale |
| Type: | |
| County: | North Yorkshire |
| Town: | Harrogate |
| Postcode: | HG1 |
| Address: | Investment Property HG1, North Yorkshire |
| Bathrooms: | 0 |
| Bedrooms: | 7 |
Property Description
Investment property, two restaurants lets plus seven residential lets in Harrogate for Sale.
An opportunity to acquire these two outstanding investment properties situated in the heart of Harrogate town centre within yards of the International Conference Centre. Absolute bustling site – prime position within the town. Only bereavement forces this reluctant sale. The concern offers two restaurant lets plus seven residential lets above the restaurants which are already part let. The two independent restaurants are being offered with vacant possession and would let easily. At the time of our inspection, all of the residential accommodation is let, returning £30,000 per annum. The restaurants should return £55,000 per annum once leased - these units should not be too difficult to let in this fantastic position in Harrogate. The total rental income should be £85,000 when the restaurants are fully let. The Premises Comprise:- Casa Romana restaurant at 23 and 25 Cheltenham Crescent. 23 Cheltenham Crescent is freehold and owned outright by our client. 25 Cheltenham Crescent is leased and has been knocked through to 25 to form part of 23 which has made a very spacious Italian restaurant and cocktail bar incorporating reception leading to the cocktail bar and open ground plan restaurant up to 100 covers between the ground and first floor. Commercial kitchen, preparation areas, dishwashing, ladies and gents toilets. First floor overspill restaurant. Second floor storage rooms. Basement storage. Number 25 is leased and held on a secure lease by our client at a rent of £15,200 per annum. 21 Cheltenham Crescent is freehold and has a former Indian Restaurant and comprises ground floor restaurant, large kitchen area, ladies and gents toilets. Basement. Above the restaurant is self-contained residential accommodation incorporating a house of multiple lets (six rooms let to individual tenants) and one flat.
Epc’s Available Upon Request
Property Location
Property Marketed by Ernest Wilson
.png){kind=logo}
Similar Properties
For Sale Harrogate For Sale HG1 Harrogate new homes for sale HG1 new homes for sale Flats for sale Harrogate Flats To Rent Harrogate Flats for sale HG1 Flats to Rent HG1 Harrogate estate agents HG1 estate agents
Find more s For Sale in Harrogate
Latest in Harrogate
Stable House is a stunningly presented listed three bedroomed character home which features an updated interior located in this impressive country estate set within 200 acres of established well-kept grounds. Originally one of the stable b + View More Details.
A charming three floored character home with impressive south facing gardens located in this ever popular exclusive development situated on the outskirts of Beckwithshaw. With oil fired central heating the property briefly comprises recept + View More Details.
A beautifully presented, brick built, detached family property situated in this quiet residential location, yet within easy reach of the Knaresborough Road shopping parades, Starbeck rail link and the Harrogate town centre. The property ha + View More Details.
A well maintained detached family property situated to the south side of Harrogate within easy reach of excellent local amenities including Marks & Spencer food hall, Hornbeam Park railway station and, in turn, the Harrogate town centre + View More Details.
*** must be viewed, beautiful 3 bedroom family home *** A beautifully presented three-bedroomed character property forming part of this impressive country estate, set within 200 acres of established grounds. Stable House was converted fro + View More Details.
Situated in the popular village of Markington, a spacious three bedroomed semi-detached property with gas central heating, part upvc double glazing and briefly comprising: Entrance hall, dining room with French doors to the rear paved seati + View More Details.
