128 High Street 128 High Street
Northallerton
North Yorkshire
DL7 8PQ

All prices, premiums and rents, etc are quoted exclusive of VAT at the prevailing rate.

Northallerton is the county town of North Yorkshire with a population of approximately 20,000 and draws on a significant catchment area from the Dales to the North Yorkshire Moors. Good access is available to the A1(M) and A19 north/south routes and the town lies on the East Coast Mainline.

Ground Floor Shop Frontage 3.81 Sq M 12ft 6"
Sales 41.03 Sq M 442 Sq Ft
Rear Stores 35.9 Sq M 386 Sq Ft
128a Two Bedroom Flat
128b One Bedroom Flat
128c One Bedroom Flat

The retail unit is entered into the 2017 Rating List as follows:-

Shop & Premises
Rateable Value: £22,000

Strictly by prior appointment through the sole agents.
Andrew Wright
Lambert Smith Hampton
0191 338 8320
awright@lsh.co.uk

Each party to be responsible for their own legal costs incurred in any transaction.

£400,000 for the benefit of our client's freehold interest subject to the tenancies on the dwellings and vacant possession on the ground floor shop.

This will provide a purchaser with a net initial yield of 8.835 assuming the shop is let at £20,000 per annum and allowing for purchasers costs at 4.18%.

The retail unit falls within Band E with a rating of 114. A copy of the EPC is available upon request.

The residential accommodation is assessed as follows:-

Flat A - Band E-46
Flat B - Band D-55
Flat C - Band E-50