Commercial property for sale in Water Skellgate, Ripon, North Yorkshire HG4

This substantial grade two listed mixed use property is sure to appeal to any investors and developers seeking strong returns. At present, the first and second floors comprise a self-contained 5 bedroom maisonette which has recently been let on an Fri lease to a Government backed social housing provider and is generating £17,124 per annum. The bulk of the property (circa 3,330 sq ft) is on the ground floor however and this is where the real potential to add some value lies. It comprises a former social club with multiple rooms and could lend itself to a range of alternative uses subject to the necessary consents being obtained.

The property is located in the heart of Ripon city centre less than 0.1 mile from Market Place and the plethora of shops and amenities it has to offer.

Accommodation

Ground Floor

Function room, snooker room, gents WCs, ladies WCs., office and storage.

First Floor

Kitchen, living room and two bedrooms.

Second Floor

Three bedrooms and bathroom.

Additional Information

Council Tax

Band tbc.

Tenure

Tbc.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.