This property is no longer available
£800,000

11 bedroom house for sale

North Yorkshire, YO23 1ND
house house
bedrooms 11 bedrooms

Property description

York has a strong international reputation, many tourist attractions, two excellent universities and some first rate schools.



Bishopthorpe Rd has become one of the most sought after retail locations outside the City Centre with an interesting range of shops forming the  centre of a vibrant community, within a densely populated residential area.



Description



This a three storey building with the ground floor let to Sainsburys. The upper floors were used as student accommodation but have not been occupied for some time.  These could be converted to good quality apartments.



Significant refurbishment has recently been undertaken to the external fabric of the building.



Accommodation



Retail Unit



Ground Floor      128 sq m (1,340 sq ft)



Storage             53 sq m (410 sq ft)



Basement          14 sq m (200 sq ft)



First Floor          150 sq m (1,615 sq ft)



Second Floor     120 sq m (1,290 sq ft)



Floor areas are approximate.



Rates



The Rateable Value of the ground floor is £24,500.



Lease



The ground floor is let to Sainsburys Supermarkets Ltd, for a term of 15 years from 1st November 2013.



The lease is subject to RPI increases. With effect from 1st November 2023 the rent is £26,827.45.



Retail rents on Bishopthorpe Rd have risen significantly in recent years. The rent is therefore reversionary.



Tenure



The freehold is available for sale.



The upper floors will have vacant possession.



Price - Details on request



VAT - Prices and rent, where quoted, are exclusive of VAT.



Energy Performance Certificate



The building has an EPC rating of B on the ground floor and D on the upper floors.



A copy of the certificate is available on request.



Viewing



By appointment with



R M English[use Contact Agent Button] or



Briggs Burley[use Contact Agent Button]



[use Contact Agent Button]
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First listed

Over a month ago

Energy Performance Certificate

North Yorkshire, YO23 1ND

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