For Sale - Commercial, Investment
Multi-Let Retail Arcade Investment Opportunity – The Arcade, Market Place, Ripon, HG4 1NZ
Ripon is located in the affluent Borough of Harrogate, approx. 12 North of Harrogate, 27 miles north west of York and 16 miles South of Northallerton.
The property occupies a strategic position within the City Centre fronting and accessed from Market Place providing the main link to the City’s main car park and bus station.
A modern retail development constructed in 1999 comprising 15 units of which 2 have been sold off long leasehold to Home Bargains and North Yorkshire County Council.
The scheme extending in total to approx. 16,484 sqft on a site of approx. 0.25a. The development provides 9 standard retail units and 3 additional kiosk style units fronting a part covered and paced walkway.
The property produces a total gross rental income of £196,217 pa.