Norfolk House 3 High Street 5,963 SF Retail Building Leyburn DL8 5AQ £500,000 (£83.85/SF)

Guide Price £400,000 - £500,000.

• Freehold Commercial Property • Prime Trading Position • 5963sqft Over 3 Floors • Retail/Cafe/Residential Options • Options To Create Residential Dwelling • Newly Refurbished Accommodation• Mains Gas •Electric Air Conditioning Heating.

Norfolk House sits in a prime location on the Market Place of this bustling market town. Leyburn is the eastern gateway to the Yorkshire Dales and a destination town with a range of pubs, shops, and the Wensleydale Railway.

Norfolk House has previously been a department store, gift shop with first floor cafe, and is currently a bed showroom.

The building is large, with scope to subdivide and create some separate residential flats/cottage to the rear, while still retaining an excellent shop and cafe.

The current owners are renovating the second floor which could be owners' accommodation. There is further space in the attic which could also be developed.

Previous tenants were paying a rent of £36,000 pa. The owner's preference is to sell the freehold but may consider a rental or rent to buy option.

The property traded for many years as Serendipity with a turnover around £750,000, included in this was a cafe turnover of around £3500/week.

A change of direction by current owners has meant that the premises are not being utilised to their full potential, hence offered for sale.

Anti-money laundering (AML) checks

Should a purchaser(s) have an offer accepted on a property marketed by J.R. Hopper & Co., they will need to undertake an AML check. We require this to meet our obligation under AML regulations and it is a legal requirement. We use a specialist third party service, provided by Lifetime Legal, to verify your identity. The cost of these checks is £60 (including VAT) per purchase, payable in advance directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.