Commercial property for sale in Water Skellgate, Ripon, North Yorkshire HG4
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- For sale by auction on the 4th September 2024
- Guide price £180,000 +
- Mixed use property
- Located in the heart of Ripon
- Great addition to an investor's portfolio
Property description
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.
Property info
For more information about this property, please contact
Auction House West Yorkshire, LS16 on +44 113 427 6118 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House West Yorkshire, and do not constitute property particulars. Please contact Auction House West Yorkshire for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.