An ideal investment opportunity to acquire a MIXED USE INVESTMENT on the prominent Kings Road.
An ideal investment opportunity to acquire a mixed use investment, with a ground floor retail unit which is let on a five year lease from 12th December 2024 at £1,000 per month and a two bedroom maisonette above which is let on an Assured Shorthold Tenancy from 1st November 2025 for a 12 month term at £895 per calendar month. This give a combined annual income of £22,740.
The property occupies a prominent situation on the popular Kings Road area of Harrogate where neighbouring occupiers include Sainsburys Local, Majestic Interiors, Bet Fred, Pink Door, Lilypad, Stefanos Pizzeria and other retailers.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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