Summary - 15-17, KIRKGATE LS21 3HN
1 bed 1 bath Retail Property (high street)
**Key Features:**
- Prominent high street location on Kirkgate, Otley
- Grade II Listed Victorian property with distinct stone façade
- Ground floor retail unit currently leased to Cash Access UK Ltd
- Two residential flats above, sold off long leasehold
- Attractive net initial yield of 8.13% with current rental income of £25,200 per annum
- Excellent transport links and close proximity to market square with frequent local market days
**Overview:**
Nestled in the bustling heart of Otley, this remarkable mixed-use property at 15-17 Kirkgate offers a unique investment opportunity. Originally known as The Old Hall, the Grade II Listed building features a stunning Victorian stone façade, marrying historical charm with contemporary utility. The well-proportioned ground floor commercial space is presently occupied by Cash Access UK Ltd, making it an attractive option for investors seeking reliable rental income. Above, two residential flats – now on long leaseholds – add diversified income potential that can appeal to future buyers or tenants.
Within a vibrant market town with strong local amenities, the property boasts excellent visibility and accessibility, situated along the A65 with easy connections to Leeds, Harrogate, and Bradford. While renovations or extensions may be limited due to its listed status, the existing structure provides a sound platform for a variety of business opportunities and residential needs. This is an enticing package for investors, business owners, or families looking for a blend of historic character and urban convenience. With a price tag of offers in excess of £300,000, opportunities in such sought-after locations are rarely available for long—act quickly to secure your stake in this promising investment.
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