Rebased Prime Freehold Retail Investment Block For Sale In Affluent North Yorkshire Town
Boots is c 71.5% of the total income and their rent has been reduced by 50%.
WAULT to expiry of c.4.9 years.
Let to the robust covenants of Boots, Lush and The Works.
Substantial c.0.42 acre town centre site comprising c.36,082 sq ft (3,352 m2) providing medium/long term development potential, subject to planning.
Boots has recently completed a five year reversionary lease showing commitment to the site.
Harrogate is an historic Victorian spa town with an affluent catchment and attracts c.300,000 annual visitors.
The property occupies a 100% prime trading location fronting onto on the pedestrianised Cambridge Street, in between Marks & Spencer and Primark.
Philip Hay BSc (Hons) MRICS
020 7637 7100 or 07770 580 590
020 7637 7100 or 07590 244643