- Excellent Freehold Investment Premises
- Ground Floor Commercial Premises & 2 Bedroom First & Second Floor Flat
- Prime High Street Position in a Bustling Market Town
- Currently a Combined Annual Rental Income: £18,940, with Scope to Increase
- Secure Commercial Lease with Established Tenants
- Long-Standing Residential Tenants in Occupation for Approximately 13 Years
- Rare Opportunity to Acquire a Freehold Investment in a Sought-After Location
- Fully Let Property Providing Immediate Rental Return
- Mixed-Use Investment Offering Dual Income Streams
- Located in the Heart of the Yorkshire Dales
Retail Property (High Street) for sale in Leyburn
15 & 15A High Street is situated in the heart of the thriving market town of Leyburn, which presents an excellent opportunity to acquire a mixed-use investment property producing an attractive income from both commercial and residential tenants.
Occupying a prominent High Street position, the property comprises a well-established ground floor retail premises together with a spacious two-bedroom flat above. The commercial unit is currently let on a secure lease which started 31st Jan 2024 and generates an annual rental income of £13,000, paid in four instalments throughout the year. The current tenants are committed to a ten-year lease, with the option to extend for a further five years if required, providing investors with long-term security. The rent on the shop is fixed and cannot be increased for the next five years, offering certainty and stability of income.
The first-floor flat is occupied by reliable long-term tenants who have been in residence for approximately thirteen years and are currently paying £495 per calendar month. Whilst the residential rent could potentially be increased anually or to reflect current market levels, the present owners have valued the consistency and dependability of the existing tenants.
Combined, the property currently produces an annual income of £18,940, representing an attractive return for investors seeking a straightforward and well-located asset. The blend of commercial and residential accommodation provides diversification of income, while the established tenancies offer immediate cash flow from completion.
Leyburn remains one of North Yorkshire's most desirable market towns, attracting both visitors and local trade throughout the year. Renowned for its vibrant market square, independent shops, cafés and excellent amenities, the town continues to experience strong demand from both businesses and residents alike. Its location on the edge of the Yorkshire Dales National Park further enhances its appeal and underpins long-term investment prospects.
Offered with a guide price of £275,000, this is a rare opportunity to acquire a prominent mixed-use investment property in a sought-after North Yorkshire location with secure income already in place.
Important Information
- This is a Freehold property.
- This Council Tax band for this property is: A
Property Ref: RX773593
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J R Hopper & Co (Leyburn)
Market Place, Leyburn, North Yorkshire, DL8 5BD
01969 622936
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