SOLD
09/12/24
2431
C 1040 / Rightbiz
Prime shop unit in one of York's busiest shopping streets opposite the junction with Market Street and close to many major retailers including Boots, Lush, WH Smith to name but a few. Previously occupied by Beaverbrooks jewellers, the unit would be ideal for another jewellers or any other retail use where heavy footfall is essential. York is one of the norths most affluent cities and an ever popular tourist destination with around 7 million tourists visiting each year on top of the resident population of around 300,000.
The unit has a substantial depth and a glazed shop front with recessed entrance protected by electric roller shutters. Construction is of brick elevations over four storeys and the property is a Grade ll listed building.
ACCOMMODATION ( all sizes taken from the Valuation Office rating web site)
GF area around 506 sq ft
FF Storage around 212 sq ft including staff kitchen. Ladies and gents wc's.
SF Storage Around 533 sq ft
TF Storage Around 533 sq ft
RATES
The RV is £35000. Annual rates payable £17,465. Interested parties must check this before proceeding.
EPC
The property has an EPC rating of C valid until July 2033
LEASE
Available initially until July 2028 at £37,500 pa plus vat payable monthly in advance. The lease will be on Internal repairing and insuring terms and will be excluded from the security of tenure provisions of the 1954 Landlord and Tenant Act.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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