Property Description

A fully let, mixed-use property comprising a substantial commercial unit, currently run as a Morrisons Express, and a block of flats to the rear. The commercial lease, 15 years from 22nd of November 2017, has 7+ years remaining at £39,000 per annum, with a rent review due 2026. There is a delivery area to the side and customer parking to the front. The adjoining building, to the rear, comprises 2 x 2 bed flats and 1 x 1 bed flat. These units generate £19,000 per annum with two of them being let to managers of the store. The images were provided by the managing agent and were taken when vacant. The site is providing approximately £58,000 per annum, which equates to a return of more than 10%, based on the guide price. Location Easingwold is a busy Georgian market town offering a wide variety of shops, schools and recreational facilities. There is good road access to principal Yorkshire centres including those of Northallerton, Thirsk, Harrogate, Leeds and York. The town is also by-passed by the A19 for travel further afield. Council Tax Bands B B A

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure

Freehold

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