For Sale

Regency Mews, High Street, Northallerton DL7 8PE

290 - 710 Sq Ft
POA Guide Price
  • Ref: CPNE_G9721
  • Type: Retail
  • Availability: For Sale
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Property Features

  • Freehold Shopping Mall Investment
  • 14 Shops
  • Ground Rents and Potential Kiosk Income
  • Virtually Fully Let
  • Busy Market Town
  • Close to Large Free Car Park

Property Summary

Northallerton is a market town situated in North Yorkshire, England with a population of approximately 20,000. The long High Street provides a wide variety of shops, restaurants, pubs and cafes. There are national retailers such as Costa Coffee, Pizza Express, New Look, Fat Face...

Full Details

Northallerton is a market town situated in North Yorkshire, England with a population of approximately 20,000. The long High Street provides a wide variety of shops, restaurants, pubs and cafes. There are national retailers such as Costa Coffee, Pizza Express, New Look, Fat Face, Wilkinson's, Waterstones, Vodafone and Claire's alongside local independent or
regional retailers such as the famous Betty's tearooms, Lewis & Cooper and Barker's Department Store.

The properties are situated in a popular part of the town and form part of small shopping parade which leads to a Tesco Superstore and a large free car park.

Recently completed 14 shop units and 13 apartments. The Development is virtually fully let and has been very popular. The rents are at very affordable levels. The Mall has 3 accesses, one from the high street, one from a public access and one at the front of a Tesco Superstore. There are up to 8 car parking spaces designated to the shops on a first come first serve basis.

The 13 apartments have been sold on a long leasehold basis however they do pay a service charge and Ground Rent. The Development is managed by Robertson Simpson Ltd who is responsible for the opening up on a morning and locking on an evening together with cleaning and other management issues which is covered through the service charge.