Retail in Otley available for sale
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Retail Property for Sale near the Otley, UK

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Explore the Latest Otley Retail Properties for Sale

More details for 15-17 Wesley St, Otley - Retail for Sale

15-17 Wesley St

Otley, LS21 1AZ

  • Retail for Sale
  • £110,000
  • 454 sq ft

Otley Retail for Sale

AVAILABLE BY PUBLIC AUCTION ON THE 4TH OCTOBER 2018 AT 3PM AT THE PAVILIONS OF HARROGATE, THE GREAT YORKSHIRE SHOWGROUND, WETHERBY ROAD, HARROGATE HG2 8QZ.<br /><br /><b>INVESTMENT</b><br /><br /><b>Description</b><br />A superb opportunity to acquire this immaculate investment property, comprising a ground floor caf with basement storage and a first and second floor, 1 bedroom maisonette The current annual rental is £10,880 and thus delivers a gross yield close to 10% based on the guide price. The current caf business has been trading from the site for over 20 years and the fully self-contained first and second floor maisonette is let on Assured Shorthold Tenancy. <br /><br />This superb opportunity represents an excellent investment given the well run tenancies and beautifully maintained property created by the current vendors. <br /><br /><b>Location</b><br />The property is located on a prominent corner site, just off the main A659 Boroughgate and is therefore close to the town centre and amenities as well as transport links.<br /><br /><b>Tenure</b><br />Freehold but subject to the tenancies:<br />Shop let until June 2021 at the annual rental of £4,940 payable monthly, let to Rafferty&#39;s Caf.<br />1st and 2nd floor maisonette is let at the rental of £5,940 per annum, payable monthly until the 30th June 2019.<br /><br /><b>Services</b><br />All mains services are connected to the property.<br /><br /><b>Energy Performance Certificate (EPC) Rating</b><br />Commercial Unit - Grade D.<br />Flat - Grade E.<br /><br /><b>Solicitors</b><br />Walker Foster, 3 High Street, Skipton, BD23 1AA.<br />[use Contact Agent Button] FAO: David Barton.<br /><br />Auction viewings take place as blocked appointments.<br />Tel.[use Contact Agent Button].<br /><br />Viewing by appointment only.<br /><br />You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner&#39;s express prior written consent. The website owner&#39;s copyright must remain on all reproductions of material taken from this website.<br /><br />

Contact:

Feather Smailes & Scales LLP

Property Subtype:

Shopfront

Date on Market:

28/09/2025
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Retail Properties for Sale Within 10 miles of the Otley, UK

More details for 28 High St, Knaresborough - Retail for Sale

28 High St

Knaresborough, HG5 0EQ

  • Retail for Sale
  • £140,000
  • 3,367 sq ft

Knaresborough Retail for Sale

AVAILALBE IN OUR AUCTION ON 24TH APRIL 2025 AT 3PM - LOT 6.<br /><br /> The property provides the whole of this brick built terrace property under a pitched tiled roof. The takeaway on the ground floor comprises a retail sales area and several preparation rooms/storage rooms to the rear of the property. An integral staircase leads to the first floor, providing ancillary staff/storage facilities.<br /><br />Accommodation<br />The accommodation comprises the following areas:<br /><br />Ground Floor Sales Area 426 sq ft (39.58 sq m)<br />Ground Floor Rear Preparation Room 115 sq ft (10.68 sq m)<br />Ground Floor Store 84 sq ft (7.80 sq m)<br />Ground Floor Store 57 sq ft (5.30 sq m)<br />1st Floor Staff Room 235 sq ft (21.83 sq m)<br />1st Floor Store 88 sq ft (8.18 sq m)<br />Total 1,005 sq ft (93.37 sq m)<br /><br />Occupational Lease<br />The Chinese Takeaway retail premises are currently let on an effective full repairing<br />and insuring 15 year lease (in a personal name) wef 02/05/15 at a current rent of<br />£16,500 p.a. and with upward only 3 yearly rent review provisions.<br /><br />Tenure<br />The freehold of the whole building is available subject to the occupational lease on<br />the ground floor shop and the long leasehold interest (999 years with effect from 25th October<br />2019) on the residential flat above at a peppercorn rent. There are shared repairing<br />obligations between the shop tenant and the residential flat above.<br /><br />Solicitors<br />Switalskis Solicitors, Scorex House, 1 Bolton Road, Bradford, BD1 4AS. [use Contact Agent Button]. FAO: Claire Murphy<br /><br />The property is situated in a prominent position at the top end south eastern section of the High Street. It is located opposite the bus station providing a very visible return frontage window display onto the High Street and side street Park Place. Knaresborough is an historic market town and spa town in the Borough of Harrogate. It is located on the River Nidd 4 miles east of Harrogate and approximately 15 miles west of York. <br /><br /> <br /><br /> <br /><br /> <br /><br />

Contact:

Feather Smailes & Scales LLP

Property Subtype:

Shopfront Retail / Residential

Date on Market:

09/04/2025
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More details for 166 Stanningley Rd, Leeds - Retail for Sale

166 Stanningley Rd

Leeds, LS13 3AD

  • Retail for Sale
  • £140,000
  • 492 sq ft

Leeds Retail for Sale

The freehold interest is offered for sale at £140,000 including fixtures and fittings. Alternatively our client may consider letting the property by way of a new full repairing and insuring lease for a term of years to be agreed at an initial rent of £10,400 per annum exclusive. A premium of £30,000 is payable in respect of the fixtures and fittings.

Contact:

Starkeys

Property Subtype:

Fast Food

Date on Market:

12/08/2025
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More details for Grainbeck Ln, Killinghall - Retail for Sale

Motor-House - Grainbeck Ln

Killinghall, HG3 2AA

  • Retail for Sale
  • £595,000
  • 4,466 sq ft

Killinghall Retail for Sale - Harrogate

A well-known and highly prominent site on the main A61 in the Killinghall area of Harrogate. Tens of thousands of vehicles pass each day as this is a main arterial route leading into Harrogate town centre, just one mile away. This is a very rare opportunity to acquire a substantial piece of freehold property which incorporates a car showroom premises, forecourt accommodating 25 cars, and a substantial three-storey, three bedroom home. The property would be ideal for any variety of other uses (subject to planning) including cafe or restaurant, veterinary or other medical / dental practice, legal offices, funeral home, or other retail outlet / showroom. We expect the property to also be of interest to developers and commercial property investors. Lower Ground Floor: Basement with garage doors and space for three cars, plus two storage rooms. Ground Floor: Two reception rooms, a bar lounge area and fully fitted kitchen with separate dining area. First Floor: Feature spiral staircase from kitchen leads to first floor landing with fitted wardrobes, master bedroom and master bathroom suite.

Contact:

Ernest Wilson

Property Subtype:

Car Dealership

Date on Market:

17/06/2024
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More details for 11-13 The Grv, Ilkley - Retail for Sale

11-13 The Grv

Ilkley, LS29 9LW

  • Retail for Sale
  • £550,000
  • 1,357 sq ft
  • Energy Performance: C
  • 24 Hour Access

Ilkley Retail for Sale

The property is located on The Grove in Ilkley town centre and forms part of a parade of similar properties. The property comprises a four storey brick built shop unit under a slate roof with a rendered façade. The ground floor has a timber framed plate glass shop front and entrance to the upper floors. The ground floor and basement are occupied by an estate agent, the first floor is occupied by a long established hairdresser, Harvey & Co and the second and third floors are a self contained marionette.

Contact:

Heaney Micklethwaite

Property Subtype:

Shopfront

Date on Market:

01/05/2024
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LoopNet UK West Yorkshire Retail Properties For Sale in Otley, UK

Learn More About Investing in Retail Properties

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FAQs about Retail property for sale in Otley

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Otley?
There are currently 1 Retail Properties available for sale near Otley. These Otley Retail Property listings have an average size of 454 sq ft. The largest available listing in Otley is 454 sq ft. The thriving commercial centre and excellent transport links in Otley make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Otley?
The average price/SF for Retail Property for sale in Otley is about £180. The cost per sq ft for Retail Property in Otley ranges from £180 to £180, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Otley?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £180 to £180 per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Otley?
Currently, the largest Retail Property available to buy is 454 sq ft and the smallest is 454 sq ft. The average size of Retail Property available for sale in Otley is approximately 454 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Otley, UK

With 1 retail units currently available for sale in Otley, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Otley, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Otley, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Otley can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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