Frank-Steier Price Ltd. Leading niche commercial property investment practice Logo for Midlands Property Awards 09

April 2018

Screwfix, Ripon Road Industrial Estate, Ripon Way, Harrogate, HG1 2AU

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The property is located one mile north-west of Harrogate town centre on A61 Ripon Road.  The property comprises an end of terrace trade counter unit of 12,043 sq.ft.  Let to Screwfix Direct Ltd for a term of 10 years from 28 June 2012.  Rent £67,000 per annum.  Offers sought in excess of £905,000 which reflects a net initial yield of 7.0%, assuming purchaser’s costs of 5.68%.