Lot
064
Auction: December 2022 Online Auction 07/12/2022

1 Electric Avenue, Harrogate, North Yorkshire HG1 2BB

Property Details
Location
Auction Details
Description
A fully-tenanted, mixed-use investment opportunity comprising a ground floor convenience store, and a flat arranged across the first and second floor. The property is sold subject to (separate) leases detailing a combined annual rental income of £23,100.
Location
The property fronts Electric Avenue, on the corner of its intersection with the Skipton Road (A59), approximately 1.2 miles north of Harrogate town centre. It benefits from both its main road frontage and residential local area for footfall. The nearby A59 and A61 provide access to Harrogate town centre and the wider region, whist local amenities include an ALDI, B&Q, and Pets at Home.
Accommodation

StoreyDescriptionDetails
Ground FloorRetail59.7 sq m (642 sq ft)
First FloorFlatKitchen; Living Room; Bathroom; 
Second Floor Flat Bedroom

Tenancy

UnitDetailed Rent (pa)Lease Term
Ground Floor (Convenience Store)£15,600Sep '21 - Sep '31
First & Second Floors (Flat)£7,500Nov '22 - Oct '23
Total£23,100
The ground floor tenant has been in occupation since 2015 having agreed a new year lease in September 2021.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 6TH DECEMBER AND CLOSES ON WEDNESDAY 7TH DECEMBER.

3. Energy Performance Certificate = C & B

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