Guide Price: £100,000
Annual Rent: £17,000
Hewson's of Leyburn – Prime High Street Retail Opportunity
A fantastic opportunity to acquire a well-established retail premises in the heart of the thriving market town of Leyburn.
Positioned prominently on the bustling high street, this property benefits from excellent visibility, strong footfall, and direct access onto the marketplace, making it an ideal location for a wide range of retail businesses.
Spacious and bright ground floor retail unit with large display windows offering excellent frontage and promotional potential. Open-plan shop floor with multiple display areas and a customer service counter in place. Heating and air conditioning system installed for year-round comfort. Under-stairs storage space in the rear hallway, with sink and utility access to the first floor accommodation. There is also a versatile office and/or storage space suitable for administration, stock management, or additional operational use.
Situated on Leyburn’s busy high street, the property enjoys a strong trading position within a vibrant market town known for regular footfall, local events, and a loyal customer base.
This is an excellent chance to take on a ready-to-trade retail unit with significant potential for a variety of business uses. The property is well-suited to both new ventures and expanding businesses looking to establish a presence in a sought-after location.
Option to purchase existing stock by separate negotiation, and the established trading presence available for continuation (subject to agreement).
The premises are available on a leasehold basis, with an annual rent of £17,000.
The current tenant holds a 20 year lease, which commenced on 10th February 2017. The prospective tenant will have the opportunity to renew the lease, with the Freeholder, in Feb 2037.
The tenant will be responsible for usual occupier costs, including business rates, utility charges, and internal maintenance/service costs.
Prospective purchasers should be aware that all legal costs associated with the lease assignment and/or purchase will be the responsibility of the incoming tenant, along with the landlord’s reasonable legal fees where applicable, up to £1000 inclusive of VAT.
Interested parties are advised to make their own enquiries regarding business rates liability, lease terms, and any service or insurance contributions payable under the lease.
Mains electric, gas, water and sewage.
Conservation Area
Broadband: Superfast:80 Mbps. Ultrafast: 1000 Mbps.
Flood Risk: Noted as very low risk, with no history of flooding.
Stock at value.
Accounts available on request to interested parties after viewing.
