Queen Street, Ripon
Property Features
- Development opportunity
- Investment opportunity
- Offered for sale as a whole or in parts
- Centre of Ripon city centre
- Adjacent to market square and shops
Property Summary
This substantial building is offered as a ground floor shop with basement and offices, 2 x 3 bedroom self-contained apartments and a building plot with consent for three town houses.
The purchase can be as a whole or in two parts.
Situated in the very centre of Ripon adjacent to the market square and forming part of the thriving shopping area.
The shop is let until 2026 and the flats are currently vacant.
The current overall income is £38,700 Per Annum.
Development
A rare opportunity to purchase a site with consent for 3 x 3 storey town houses which would add to the investment opportunity, once built they would be ideal for the rental or sales market and each offering easy living in this most convenient location.
Located in the very heart of Ripon City centre close to all amenities.
Planning Information
PROPOSAL: Demolition of redundant building and erection of 3 no. 2 bed town houses.
LOCATION: Moss Arcade Ripon North Yorkshire HG4 1EG
Planning reference 21/01167/FUL
Subject to conditions with further details on request.
Flat 1 - First Floor
Flat 2 - Second Floor
Retail Unit - Ground Floor, First Floor and Basement
Full Details
Development Opportunity
Basement - Retail Unit
Ground Floor - Retail Unit
Shoe Shop
The retail unit is currently tenanted by
Sole Mates Footwear (Ripon) Limited
until 16.02.2026 at a rent of £21,000 per annum.
Lease and further details on request.
Energy Rating: C
First Floor - Retail Unit
Staff Room
Office
First Floor - Flat 1
Currently let for 12 months on an Assured Shorthold Tenancy, at a rental of £750.00 per calendar month from 7th July 2023.
An additional £40 per month added to the monthly rent for the electric bill.
Council Tax Band: A
Energy Rating: C
Entrance Hall
Living Room 5.79m x 3.15m
Kitchen Area 2.39m x 1.83m
Bedroom 1 3.28m x 2.69m
En-suite 1.91m x 1.42m
Bedroom 2 2.92m x 2.54m
Bedroom 3 2.84m x 2.16m
Bathroom 2.03m x 1.73m
Second Floor - Flat 2
Currently let for 12 months on an Assured Shorthold Tenancy, at a rental of £725.00 per calendar month from 26th July 2023.
An additional £40 per month added to the monthly rent for the electric bill.
Council Tax Band: A
Energy Rating: D
Entrance Hall
Living Room 5.79m x 3.15m
Kitchen Area 2.39m x 1.83m
Bedroom 1 3.28m x 2.69m
Bedroom 2 2.92m x 2.54m
Bedroom 3 2.84m x 2.16m
Bathroom 2.03m x 1.73m
Development
A rare opportunity to purchase a site with consent for 3 x 3 storey town houses which would add to the investment opportunity, once built they would be ideal for the rental or sales market and each offering easy living in this most convenient location.
Located in the very heart of Ripon City centre close to all amenities.
Planning Information
PROPOSAL: Demolition of redundant building and erection of 3 no. 2 bed town houses.
LOCATION: Moss Arcade Ripon North Yorkshire HG4 1EG
Planning reference 21/01167/FUL
Subject to conditions with further details on request.