3 High Skellgate 616 SF Retail Building Ripon HG4 1BD £89,950 (£146.02/SF)

INVESTMENT HIGHLIGHTS

  • Freehold ground floor commercial premises
  • Stones throw from the Market Place
  • Ideal for investor or owner occupier

EXECUTIVE SUMMARY

Positioned towards the top of High Skellgate, just off the Market Place of Ripon is a freehold, ground floor commercial unit. Having been occupied by a school uniform shop for many years, the current tenant is now due to vacate in November 2024, but can vacate sooner if required, therefore the property is available to purchase with vacant posession.
The property lends itself nicely to either an owner occupier or indeed the investor given the variety of businesses that the property would attract when advertised on the rental market. The 3-bedroom, 2-bathroom duplex upper floor maisonette has been sold off on long leasehold and pays a ground rent of £25 Per Annum. We are advised that this apartment is currently in the midst of a complete refurbishment and is due to be marketed independently during September/October 2024.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
616 SF
Building Class
B
Year Built
1890
Price
£89,950
Price Per SF
£146.02
Tenancy
Single
Number of Floors
1
Building FAR
0.62
Lot Size
0.02 AC
Frontage
29 ft on High Skellgate

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Lounges
Morrisons
Sainsbury's
Booths
Caffe Nero
Costa Coffee
Barclays
Co-op
  • Listing ID: 34515279

  • Date on Market: 17/01/2025

  • Last Updated:

  • Address: 3 High Skellgate, Ripon HG4 1BD