£400,000

Retail premises for sale

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Guide price

£400,000

(£160.77/sq. ft)

Retail premises for sale

Market Street, Pocklington YO42

2,488 sq. ft

Local area information

Property location

Nearby amenities

  • Pocklington Junior School 0.1 miles
  • Pocklington Church of England Voluntary Controlled Infant School 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Location:
Pocklington is a popular market town in the East Riding of Yorkshire, located approximately 15 miles east of York. The subject premises are situated on Market Street in the centre of town.

Description:
A brick built three-storey, mid-terrace property under a pitched roof with ground floor retail premises and two separate residential flats to upper floors.

Retail unit:
Two glazed display windows and central recessed entrance door leading to immediate sales/bar area. Includes kitchen and WCs to rear. Staircase leading to part first floor storeroom.

Residential:
Two flats each with two bedrooms, lounge/reception, kitchen and shower room.

Net Internal Area (NIA):

Ground Floor & Part 1st Floor: 113.4 m² (1,221 sq ft) approx.
Residential Flat 1: 63.2 m² (681 sq ft) approx.
Residential Flat 2: 54.4 m² (586 sq ft) approx.

Total: 231.0 m² (2,488 sq ft) approx.

Rating:
From the voa Rating List - 2023 Rateable Value (rv) for the retail premises is £9,300

This is not what you pay and is eligible for 100% small business rates relief to qualifying Tenants. Interested parties should make their own enquiries with East Riding of Yorkshire Council.

Council tax:
The Council Tax Band for the residential flats known as 73A/73B are both under Band A.

Interested parties should make their own enquiries with East Riding of Yorkshire Council.

Tenure:
Freehold Interest.

Tenancy info:
The retail premises are let to Leisureland (Bridlington) Ltd trading as Beach House Bar on a Full Repairing & Insuring Lease for a term of two years from 04.02.25 at £14,400 per annum exclusive.

The two residential flats are let on separate Tenancy Agreements at £650 pcm each, which produces an annual rental income of £15,600.

Total rental income is £30,000 per annum.

Further details available on request.

Price:
We are inviting offers of £400,000 subject to contract and occupational Lease/tenancy agreements.

Legal costs:
Each party to be responsible for their own legal costs in connection with the sale.

E.P.C:
Ground Floor Retail Premises:
Rating: B

Residential Flat (73A)
Rating: E

Residential Flat (73B)
Rating: E

More information

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  1. Zoopla
  2. Commercial for sale
  3. North Yorkshire
  4. East Yorkshire
  5. York
  6. Pocklington
  7. Market Street