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27
Sept
Freehold on prime Harrogate retail building for sale at £5.2 million
The freehold on one of Harrogate’s prime town centre retail buildings is for sale at £5,150,000.
The building includes Boots and Lush on Cambridge Street and The Works on Oxford Street.
The listing on commercial property selling site Completely Retail says the building “occupies a 100% prime trading location fronting onto on the pedestrianised Cambridge Street, in between Marks & Spencer and Primark”.
The property, which is being marketed by agents Jackson Criss, currently yields rent of £385,000, it adds.
According to the brochure, Boots recently completed a five-year lease, The Works took a new lease in September 2021 and Lush renewed its lease in October 2019.
The building for sale is highlighted in blue. Pic: Jackson Criss
26/28 Cambridge Street is arranged over ground, basement and two upper floors, 30 Cambridge Street is arranged over ground and two upper floors, whilst 15/19 Oxford Street is arranged over ground floor only.
Harrogate has a catchment population of over 204,000 people within a local shopping population of approximately 164,000. The town has one of the most affluent shopping profiles in the UK with 63% of the population within the highest A, B and C1 demographic groups.
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