Boroughgate, Otley, LS21 1AG
£140,000

• Long-leasehold commercial building
• 1,115 sq. ft approx
• Ground & lower ground floor level
• Ideal for investor/owner occupier

49 Boroughgate is located in the centre of Otley which is an expanding town in West Yorkshire that has seen high levels of residential development in the last 10 years.

The accommodation offers a retail unit at ground floor level with large window frontage facing onto the main road, further office space to the rear with kitchen and W/C facilities. In addition there is a lower basement area for additional storage.

The property itself is situated on Boroughgate which is the main through road going through the centre of the town. The premises are available to purchase with vacant possession.

Tenure: Freehold.

Brief Terms

Terms: Long leasehold. The property is on 999 year lease from 14th November 2014 - (989 years remaining)

Rateable Value: Grd fl £5,000.
Uniform Business Rate for 2024/25: 0.546. Small business rate relief may be available to some occupiers. Further enquiries should be directed to NYCC for any rates related matters or queries. FSS will accept no liability for any changes to business rates.

VAT: There is no VAT payable.

Legal Costs: Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.

Planning: Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.

Viewing: If you would like to view this property, please contact FSS on 01423 501211 and we will be pleased to make an appointment.