Use Class E
Marketed by Blacks Property Consultants
The property is a Grade II Listed Building lying in York’s Central Conservation Area and occupying a much favoured position within a popular retail location. Goodramgate, containing a range of national, regional and local outlets, forms a busy route into the City for both locals and the City’s visitors. It is also regularly used by those seeking access to the Minster and the City’s Bar Walls. Having been occupied by a well-known privately owned jewellery business for almost 60 years, semi-retirement brings the property to the market. The extensive upper floor residential accommodation (accessed from the shop) has not been used as living accommodation for some years and the property is currently assessed as a whole for business rate purposes. N.B. The Buyer will enter into an Agreement with the Seller that, whilst use as a Jewellers is not prevented, the current business name (or any derivative thereof) will not be used by any future business operating from the premises.
A street traders plan extract has been included within these particulars - it shows the property's position at the much favoured end of Goodramgate close to its junction with the busy King’s Square, Church Street and Low Petergate.
Freehold - Freeholds for sale with vacant possession
Under the 2017 Valuation List the property has a Rateable Value of £27,500 (shop and premises). Pre-discounts, that occupiers may qualify for, business rate liability in the 2019/20 financial year would be £13,502.50. (Source: City of York Council - Business Rates Section - Tel: 01904 - 551140). Reinstatement of residential use will bring about re-assessment and a Council Tax liability to replace the element of Rateable Value relating to upper floors. Interested parties are advised to consider both the 1% of R.V. levy under the York Business Improvement District Scheme and the current ‘Retail Discount’ Scheme under past budget measures, where qualifying retail occupiers are entitled to a one third discount in the current (2019/2020) and next financial year. Empty Listed Buildings are entitled to 100% relief.
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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