27-31 Cambridge Street Harrogate North Yorkshire HG1 1RW

27-31 Cambridge Street
Harrogate
North Yorkshire
HG1 1RW

Affluent Prime Town Centre Retail Investment

Tenants include Bodycare and Pandora on a new 10 year lease
2 Prime Retail Units and a Kiosk
Highly Affluent and Historic Spa Town
Opposite Primark and Boots
Other Neighbouring Occupiers include Marks & Spencer, Lush, Holland & Barrett and Next, Velvet, Whistles, Hobbs and Ogdens of Harrogate

Lot
16
Auction
15th May 2025
Rent
£207,000 per Annum
Status
Available
Guide*
£2,100,000
Auction Venue
Live Streamed Auction
Octopus Bridging Loan for Buyers

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Affluent Prime Town Centre Retail Investment

Tenants include Bodycare and Pandora on a new 10 year lease
2 Prime Retail Units and a Kiosk
Highly Affluent and Historic Spa Town
Opposite Primark and Boots
Other Neighbouring Occupiers include Marks & Spencer, Lush, Holland & Barrett and Next, Velvet, Whistles, Hobbs and Ogdens of Harrogate

Lot 16
Auction 15th May 2025
Rent £207,000 per Annum
Status Available
Guide* £2,100,000
Sector
Retail, High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 212 miles north of London, 16 miles north of Leeds, 10 miles west of York
Roads: A61, A59, A1M
Rail: Harrogate Railway Station
Air: Leeds Airport, Bradford Airport

Situation

Harrogate is a highly affluent, attractive and historic Spa Town which is very popular with day trippers and tourists. The property is situated on a prime trading location on the south side of the Prime Pedestrianised Cambridge Street, directly opposite Primark and Boots.

Tenure

Virtual Freehold. Held for a term of 999 years from completion of the sale at a fixed peppercorn rent.

Location

Miles: 212 miles north of London, 16 miles north of Leeds, 10 miles west of York
Roads: A61, A59, A1M
Rail: Harrogate Railway Station
Air: Leeds Airport, Bradford Airport

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from completion of the sale at a fixed peppercorn rent.

Description

The property comprises 2 prime retail units and a kiosk and forms part of the ground floor of a larger residential building.

VAT

VAT is applicable to this lot.

EPC

See Legal Pack.

Description

The property comprises 2 prime retail units and a kiosk and forms part of the ground floor of a larger residential building.

VAT

VAT is applicable to this lot.

EPC

See Legal Pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review (Reversion)
Ground	Retail	439.43	4,730	GR AND MM BLACKLEDGE PLC (CRN: 01764610) (t/a BODYCARE) (1)	10 years from 24/10/2019	£125,000	24/12/2024 (23/10/2029)
Ground	Retail	187.75	2,021	PANDORA JEWELLRY UK LIMITED (CRN:06654012) (2)	10 years from 10/09/2024 (3)	£70,000	10/09/2029 (09/09/2034)
Ground	Retail	10.36	112	GB HYBRID LTD t/a PHONE SHOP (CRN: 15207046)	10 years from 27/10/2024	£12,000	27/10/2029 (26/10/2034)
Total Approximate Commercial Floor Area		637.54	6,863		-	£207,000	-

(1) For the year ending 31st December 2023, GR AND MM Blackledge plc (crn 01764610) reported a Turnover of £128,800,637., a Pra Tax Loss of £1,721,710. and Net Assets of £14,241,747. (Source: Annual Report and Accounts as published at Companies House 24/04/2025).
(2) For the year ending 31st December 2023, Pandora Jewellery UK Limited reported a Total Turnover of £448,025,000., Pre-Tax Profits of £61,182,000., and Total Net Assets of £139,760,000., (Source: Pandora Jewellery UK limited Annual Report and Financial Statements as Published on Companies House, 23rd April 2025).
(2) As to the lease the Pandora Jewellery UK Limited, the lease provides for a tenant option to determine the lease on 10th September 2029, subject to serving 6 month written notice and subject to a penalty of £17,000.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.