The Buck

Situation and Description

Guisborough is a busy market town located approximately 10 miles east of Middlesbrough and 20 miles west of Whitby on the edge of the North York Moors National Park.  

The premises occupy a prime position fronting Market Place where it meets Westgate the main retail area.  There are several national and regional retailers represented in the town which is a popular with commuters, tourists and shoppers.

The premises, which have recently been refurbished, are Grade 11 listed, dating from the early C.18 and comprise 3 storey accommodation that is currently used as offices although may be suitable for a range of alternative uses subject to receipt of the requisite consents. 

 
Accommodation

We calculate that the premises provide the following approximate net internal areas.
Ground floor                    89.2m2   (960sqft)  

First floor                         78.4m2   (844sqft)

Second floor         48.4m2  (521sqft)

Total NIA       216m2 (2,325sqft)

Tenure

The premises are available for sale, freehold, with offers invited in excess of £325,000.  
The premises are currently let to Freer Askew Bunting Solicitors by way of a 10-year lease expiring 27th April 2028 at a passing rent of £25,000 per annum.  
NB - The tenant has indicated that they do not intend to renew the lease upon expiry but will remain in Guisborough.

Rating Assessment

From our enquiries with the valuation office agency website, we understand the premises have an RV of £13,750

Some occupiers may qualify for transitional relief; we recommend that interested parties contact the business rates department to establish the precise rates payable.

Energy Performance Certificate

The premises have an EPC rating of D96. A copy of the certificate is available upon request.

Anti-Money Laundering Regulations

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser.

VAT

We are advised that the premises are not elected for VAT.