Regency Mews - Mandale Group
  • Regency Mews
    Northallerton
    DL7 8PE
  • Retail units
  • POA
  • 10,000 - 12,000 sq.ft.
  • 01642 605514

Regency Mews

  • Ground rents and potential kiosks income
  • Fully let
  • 14 shop units
  • 13 apartments (ground rent and service charge)
  • 3 kiosks (30 sq.ft.)

Recently completed development consisting of 14 shop units, 13 apartments and 3 kiosks.

Location
Northallerton is a market town situated in North Yorkshire, England with a population of approximately 20,000. The long high street provides a wide variety of shops, restaurants, pubs and cafes. There are national retailers such as Costa Coffee, M&S Foodhall, Fat Face, Wilko’s, Waterstones, O2 and Lakeland alongside local independent or regional retailers such as the famous Betty’s Tearooms, Lewis & Cooper and Barker’s Department Store.

The property is situated in a popular part of the town and form part of small shopping parade which leads to a Tesco Superstore and a large free car park.

Description
Recently completed 14 shop units and 13 apartments. The development is virtually fully let and has been very popular. The rents are at very affordable levels.

The Shopping Mall has 3 accesses – one from the High Street, one from a public access and one at the front of the Tesco Superstore. There are up to 8 car parking spaces designated to the shops on a first come first service basis.

The apartments (13 no.) have been sold on a long leasehold basis however they do pay a service charge and ground rent. The development is managed by Robertson Simpson Ltd who are responsible for the opening and closing of the development each day, cleaning along with other management issues which are covered by the service charge.

Purchase Price
Offers in the region of £3 million.

Floor plan