ATTRACTIVE INVESTMENT OPPORTUNITY IN KNARESBOROUGH

A character filled, Grade II listed investment property just off Knaresborough’s bustling market square and consisting of a high-quality retail unit and two self-contained apartments, is attracting plenty of interest since launching to the market with local estate agent, Dacre, Son & Hartley.

The ground floor retail unit is currently let to The Yorkshire Soap Company Ltd until the 31st May 2021 with a current annual rent of £10,500 per annum.

On the first and second floors of the building, there is a large two-bedroom duplex apartment, with its own private entrance. The apartment offers a spacious sitting room, study area, a dining kitchen and house bathroom. The property will be vacant from January 2021 and has let for £710 pcm.

To the rear of the building is a one-bedroom apartment with private parking and outside seating area. The property has a double bedroom, a spacious bathroom and a living kitchen, and is currently let for £550 pcm. Adjoining the studio there are two further car parking spaces, for the flat and shop.

Nick Alcock, senior associate at Dacre, Son & Hartley in Knaresborough, said: “This is an ideal investment opportunity in the heart of Knaresborough’s popular market town, surrounded by a wide range of shops, restaurants, cafes, pubs and bars, as well as being just a short walk from the railway station. 

“The whole property is full of character and both the retail unit and apartments are very well-maintained and finished to a high standard, so it’s sure to appeal to all types of investors, as well as anyone looking for a flexible space where they can live and work.”

11A Castlegate produces an income when fully let of £25,620 per annum and is on the market for £425,000. For further information, contact Dacre, Son & Hartley’s Knaresborough office on 01423 864126 or click here.