The subject property comprises a 2-storey, end terrace, constructed by stone whereby the ground floor retail element is available.
Externally, the property benefits from a good shop frontage and has two entrances which are situated on the right elevation.
Internally, the property is open plan and benefits from having WC facilities in the rear left of the property.
Location
The property is situated prominently in the centre of Otley Town Centre on the A659. Leeds is within close proximity and is approximately 10 miles away. Harrogate is also located nearby and is 11 miles away.
Otley benefits from a number of well-established retailers within close proximity to the property such as Boots, Greggs, Superdrug, Sainsburys and Specsavers.
Accommodation
Measured in accordance with the RICS Property Measurement (incorporating International Property Measurement Standards) 2nd Edition, January 2023, the unit provides an approximate net internal area of
377 sq ft (35.1 sq m).
Terms
EPC - The property currently benefitsfrom an EPC rating of B-46.
TERMS - The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a commencing rent of £12,500 + VAT per annum.
VAT - We understand that VAT is not applicable at the property.
SERVICE CHARGE - There is a fixed service charge of £500 per annum payable monthly in advance.
LEGAL COSTS - Each party to the transaction will be responsible for their own legal expenses incurred.
RATEABLE VALUE - We have made enquiries with the VOA website and can reveal that the property has a 2023 Rateable Value of £7,900.
Specification
- Central Otley Location
- Prominent Retail
- Premises
- WC Facilities
- Grade II Listed Building
- Two entrances