Summary - 21-22 Regent Parade,Harrogate,HG1 5AW HG1 5AW
1 bed 1 bath Commercial Development
Central Harrogate parade with refurbishment upside for investor or developer.
Freehold mixed-use building with two retail units and one self-contained flat
A substantial, stone-built mixed-use terrace on Regent Parade offering clear income and refurbishment upside. The ground floor comprises two retail units (c.1,315 sq.ft. combined) with prominent street frontage and direct pavement access overlooking The Stray. The self-contained upper apartment (c.1,068 sq.ft.) has separate front access and could be reconfigured to provide additional bedrooms or sub-division subject to planning.
The building dates from the early 19th century and retains period character externally, but the residential accommodation is vacant and requires a complete overhaul. The retail units have been long-used as a bakery and will benefit from modernisation to achieve current rental values. There is minimal external amenity and no private garden, so value will depend on internal refurbishment or change-of-use planning opportunities.
Offered freehold and chain-free at £375,000, the asset suits an investor or developer prepared to invest in refurbishment to unlock rental income and capital growth. Practical positives include excellent mobile signal, fast broadband, central Harrogate catchment and high footfall on a primary parade. Notable constraints are the need for significant renovation works, an urban site with limited outdoor space, and the local high crime indicator which may affect lettings and insurance costs.
Summary: a centrally located mixed retail/residential building with strong repositioning potential for the right buyer willing to budget for refurbishment and possible planning-led reconfiguration.
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