20 Castlegate, York, YO1 9RP
Home > Properties > 6 & 6a The Square, Stamford Bridge, York

6 & 6a The Square, Stamford Bridge, York

UNDER OFFER £550,000 (ref C1990)

LOCATION

The property is located in the popular and sizeable commuter village of Stamford Bridge, approximately 8 miles from York. The property lies in heart of the village adjoining other shops and businesses, with public car parking available to the street.

DESCRIPTION

The property is a period building of three storey brick construction under a pitched roof. It comprises a Ground Floor Shop, with separate front door into a Hall, giving access to the upper floors of four flats. The latter also pass over the adjoining ground floor Shop to the left hand side (this shop does not comprise part of the property being offered for sale). This is effectively a ‘flying freehold’.

The property also benefits from pedestrian access to its rear over and across the car park to the rear, owned by the adjoining Co-op Shop.

LEASES & TENANCIES

Shop
A five year lease is in place with two individuals trading as ‘Take a Leaf’. This is for use as a Florist Shop and Associated Coffee Shop. The tenant is responsible for all internal repairs and decoration, as well as the shop front. The rent is currently £12,000 per annum. A new five year lease is in the process of being completed on terms to be confirmed in due course.

Flats
Each of the four flats are let on Assured Shorthold Tenancies.
The total rental income from the Flats is currently £24,960 gross per annum.

UNDER OFFER £550,000 (ref C1990)

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