15-17 Kirkgate,
Otley,
West Yorkshire,
LS21 3HN

For Sale

  • Investment, Retail
  • 1,332 Sq Ft
  • £279,500

Prominent retail investment in the popular market town of Otley, West Yorkshire.

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Key Features

  • Busy market town
  • Well proportioned retail unit
  • Let to Cash Access UK Ltd (Owned by nine high street banks)
  • Two residential flats above sold off long leasehold
  • Current rental income of £25,200 Pax
  • Price - offers in excess of £279500
  • Attractive net initial yield of 8.75%

Property Description

The property was known as The Old Hall and is Grade II Listed. It is a three storey property comprising a single storey ground floor retail unit and two residential flats above.

Location

Otley is an attractive market town within the City of Leeds Metropolitan Borough, having a population of approximately 15,000 persons.

It is located on the A65 trunk road with good road communication into Leeds (10 miles), Harrogate (11 miles) and Bradford (10 miles).

The subject property is located on Kirkgate, opposite the Market Square. Nearby occupiers include Altham Travel Agents, Halifax, Ladbrokes, British Heart Foundation and Specsavers.

The Market Square host a bustling market 3 days per week.

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Contact us for more information or to arrange a viewing

Morgan Grimshaw

07931 435469

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