Location
The City of York has a dynamic and well-balanced economy and is well placed to benefit from inward investment over the coming years. Major occupiers include Nestle, Network Rail, Aviva, Shepherd Building Group, Northern Rail and Hiscox Insurance . It is one of the United Kingdom’s major tourist destinations, ranked second only to London, boasting attractions including York Minster, the City Walls, The Jorvik Museum, York Barbican and The National Railway Museum amongst others.
Situation
This property is located at the southern side of York city centre in a rapidly developing commercial/ retail/ residential/ hotel district. Nearby major buildings include: Coppergate Shopping Centre, Castle Museum, Clifford Tower, Hampton by Hilton Hotel, York Law Courts and Spark. Within 10/15 minutes walk are the following: York Minster, York St John University, York Mainline railway station and the City of York Council offices.
Rates
We understand that the retail unit is assessed for rating purposes as follows:
Rateable Value: £15,750
Rates Payable: Waiting on VOA.
Price: £175,000.
VAT: The seller has opted to tax so VAT will be payable in addition to the price.
Legal Costs
Each party will be responsible for their own legal cost incurred in the transaction.
The unit provides the following approximate gross internal floor area:
Ground Floor 550 sq ft Ground floor modern office fitted out to an incredibly high standard, featuring large windows, a kitchenette, and WC.
Services
Mains electricity, heating, water and drainage are connected to the property.
The property is situated within a conservation area.
The use is designated as E, under the new Use Classes Order (2020).
Service charge £521.16 Per Quarter
Tenure
The property is offered on a 250 year long leasehold from 20 August 2021.
Ashtons declare a personal interest in the sale of this property as it is owned by part of the Ashtons Group.
