17 Colliergate
York
North Yorkshire
YO1 8BN
Mawson House, Aiskew, Bedale
£249,950
Investment
- The property forms a two storey, detached building originally constructed as the towns police station.
- We understand that it was converted into a dental surgery in 2010.
- The property is leased to Riverdale Tradeco Ltd for 10 years from 20/03/2019 to 19/03/2029 with 3 personal guarantors
- The 2025 rent review increased the rent to £19,382.48 pa.
- The existing tenant has been in occupation for some considerable time.
- The property is available as a commercial investment, subject to the existing lease.
- VAT is payable at the prevailing rate.
High quality commercial investment in a popular North Yorkshire market town.
Dental Surgery investment currently let until March 2029 at £19,382.48 (exclusive).
The property is located close to Bedale town centre.
The property is available on a freehold basis, subject to the existing tenancy.
We understand that VAT is payable at the prevailing rate.
Location
The property is located on Aiskew Bank. Bedale town centre is a relatively short distance to the west. The property is located close to Bedale Station on the Wensleydale Line.
Bedale has a pleasant town centre and the main car parking areas are a relatively short distance away.
Description
The property forms a two storey, detached building which we understand was constructed in the Victorian era as the towns police station.
We understand that it was converted into a dental surgery in 2010.
There is a small car parking area to the rear of the building.
Accommodation
The property benefits from a waiting room, reception, sterilisation room and 2 x surgeries to the ground floor. To the first floor is a large, open plan reception area, office, X-ray room and 2 x surgeries.
We calculate that the property extends to a net internal area of approximately 144m2 (1,555 sq. ft).
We calculate that the property extends to a gross internal area of approximately 193m2 (2,077 sq. ft).
Services
We believe that all mains services are connected and the property benefits from a gas fired central heating system.
A modern, mains wired fire alarm system is also provided.
Statutory Information
We do not believe that the building is Listed, although we believe that it falls within a Conservation Area.
Planning consent to convert the building into a dental surgery was obtained in 2010.
The property appears to have a valid EPC with a rating of a D. A copy of this can be provided by the agent.
The property has a rateable value of £10,750. We assume that the tenant is responsible for the payment of business rates under the terms of their commercial lease.
Tenure
We assume that the property is held on a freehold basis.
Access appears to be via a private road which extends to the western side of the property. We believe that this is shared by a number of nearby properties. We assume full rights of way and an obligation to contribute to the roads upkeep.
Tenancy
The property is leased to Riverdale Tradeco Ltd for 10 years from 20/03/2019 to 19/03/2029 (around 4 years unexpired) on effective full repairing and insuring terms. The 2025 rent review increased the rent to £19,382.48 pa (plus VAT). There are 3 personal guarantors. There is also a licence for alterations/works dated 01/12/2010. We believe that the tenants have been in occupation for around 15 years.
Copies of all legal documents can be made available to seriously interested parties.
Terms / Price
The property is available to purchase on a freehold basis, subject to the existing tenancy.
The guide price is £249,950 plus VAT.
Viewings / Further Information
Please contact James Reynolds.
Please note that viewings will be out-of-hours or on a weekend so as not to disturb the tenant's business.
All views to be made through Stephensons.
VAT
We believe that VAT will be charged at the prevailing rate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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