2 Montpellier Street Harrogate North Yorkshire HG1 2TQ

  • 2 Montpellier Street<br>Harrogate<br>North Yorkshire<br>HG1 2TQ

2 Montpellier Street
Harrogate
North Yorkshire
HG1 2TQ

Freehold Retail Investment

  • Attractive three storey building within Harrogate’s Montpellier Quarter
  • Close to The Valley Gardens, The Royal Baths and the town’s high street shopping areas
  • Nearby occupiers include Betty’s Tea Rooms, Slug & Lettuce, United Colors of Benetton and a number of independent retailers
  • Lot
    1
  • Auction
    9th July 2014
  • Rent
    £22,750 per Annum Exclusive
  • Status
    Sold
  • Price
    £370,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Attractive three storey building within Harrogate’s Montpellier Quarter
  • Close to The Valley Gardens, The Royal Baths and the town’s high street shopping areas
  • Nearby occupiers include Betty’s Tea Rooms, Slug & Lettuce, United Colors of Benetton and a number of independent retailers
  • Lot 1
  • Auction 9th July 2014
  • Rent £22,750 per Annum Exclusive
  • Status Sold
  • Price £370,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
17 miles north of Leeds, 21 miles west of York, 58 miles north-east of Manchester
Roads
A59, A661, A658, A1 (M)
Rail
Harrogate Railway Station
Air
Leeds Airport (10 miles), Manchester Airport (72 miles)
Situation

Harrogate is an attractive and popular tourist town some 17 miles north of Leeds. The property is situated within the town centre on the eastern side of Montpellier Street in a prominent position within the town’s Montpellier Quarter which is home to the famous Betty’s Tea Rooms together with an array of exclusive shops, galleries, cafés and award winning restaurants.The property is within close proximity of The Valley Gardens, The Royal Baths and Harrogate’s high street shopping areas with other nearby occupiers including Slug & Lettuce, United Colors of Benetton and a number of independent retailers.

Tenure

Freehold.

Location
Miles
17 miles north of Leeds, 21 miles west of York, 58 miles north-east of Manchester
Roads
A59, A661, A658, A1 (M)
Rail
Harrogate Railway Station
Air
Leeds Airport (10 miles), Manchester Airport (72 miles)
Situation

Harrogate is an attractive and popular tourist town some 17 miles north of Leeds. The property is situated within the town centre on the eastern side of Montpellier Street in a prominent position within the town’s Montpellier Quarter which is home to the famous Betty’s Tea Rooms together with an array of exclusive shops, galleries, cafés and award winning restaurants.The property is within close proximity of The Valley Gardens, The Royal Baths and Harrogate’s high street shopping areas with other nearby occupiers including Slug & Lettuce, United Colors of Benetton and a number of independent retailers.

Tenure

Freehold.

Description

The property, an attractive three storey building, comprises a ground floor retail unit with retail/ancillary accommodation over first and second floors. The property benefits from a small yard to the rear via a passageway to the side of the property.

Six Week Completion

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, an attractive three storey building, comprises a ground floor retail unit with retail/ancillary accommodation over first and second floors. The property benefits from a small yard to the rear via a passageway to the side of the property.

Six Week Completion

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
First
Second
Retail
Retail/Ancillary
Retail/Ancillary
59.73 sq m
40.88 sq m
28.61 sq m
(643 sq ft)
(440 sq ft)
(308 sq ft)
INDIVIDUAL (t/a & Hair) (1) with guarantee 5 years from 01/01/2012 on a full repairing and insuring lease £22,750 01/01/2015
Totals
129.22 sq m
(1,391 sq ft)
    £22,750

(1) & Hair is one of Harrogate’s leading hairdressing salons (Source: www.and-hair.co.uk 30/05/2014)

Contacts

Seller's Solicitors
Levi Solicitors LLP 33 St Pauls Street
Leeds
LS1 2JJ
Ian Land 0113 297 3176iland@levisolicitors.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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