Central Grade II listed shop with upper flat and immediate rental income..
- Grade II listed 17th‑century building in prime Market Place
A rare Grade II listed commercial building in the heart of Knaresborough’s Market Place, this 17th‑century property combines ground‑floor retail with a self‑contained one‑bed flat above. The shop is let to Healthy Stuff Co. Retail Ltd at £14,500 pa until 15 March 2028, while the flat is offered with vacant possession and an estimated rental value of about £695 pcm, creating immediate income and near‑term upside when the shop lease expires.
The property totals approximately 1,295 sq ft over three floors, with a good open‑plan ground floor retail area, rear storage and basement. Its traditional façade and central town‑centre location place it beside established operators and high footfall amenities, improving tenant appeal. There is no VAT payable on the sale.
Buyers should note the constraints and likely costs that come with a Grade II 17th‑century building: listed status will restrict alterations and may increase maintenance and repair bills. The freehold sale is subject to the existing shop lease until 2028, so full owner‑occupation of the retail space is not immediate.
This asset will suit investors seeking a central, mixed‑use holding with current income and reversion potential, or owner‑occupiers who can plan for future vacancy and are prepared to manage listed‑building responsibilities. Flood risk is nil and broadband and mobile signals are strong, though local crime levels are reported as high which may influence some retail uses.
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