Hawes 01969 667744 Leyburn 01969 622936

www.jrhopper.com

Bentham 01524 262044

Settle 01729 825311

London 02074 098451 Market Place, Leyburn North Yorkshire DL8 5BD leyburn@jrhopper.com

01969 622936 “For Sales In The Dales”

J. R. Hopper & Co. is a trading name for J. R. Hopper & Co. (Property Services) Ltd. Registered: England No. 3438347. Registered Office: Hall House, Woodhall, DL8 3LB. Directors: L. B. Carlisle, E. J. Carlisle

RESIDENTIAL SALES • LETTINGS • COMMERCIAL • PROPERTY CONSULTANCY

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Mortgage & Investment Advice, Inheritance Planning, Property, Antique & Household Auctions, Removals

Showroom, Workshops & Live/Work Potential, Reeth

Offers Around £300,000

Potential 6000 Sq Ft

Live-Work Unit

Popular Swaledale Town

Bustling Retail/Tourist/ Commercial Site

Potential To Split Or Develop Into 3 Or More Separate Rental Units

Flexible Use, Hi- Or Lo-Tech Workshops

Manufacture, Wholesale, Retail

Food, Craft, Anything.. Currently Woodworking

2 Storey 3200 sq. ft. Workshop, Showroom, & Offices

717 sq. ft Insulated Workshop Portal Storage Building 750

sq.ft

Visitors & Private Parking

Planning To Convert Part Into Living Accommodation

Ideal Live/Work Business Relocation

Business Expansion Site, Or Investment Opportunity (10% Yield)

Showroom,Workshops & Live/Work Potential, 12 Silver

Street, Reeth

DESCRIPTION Situated in the market town of Swaledale, this premises provides a rare opportunity to purchase a potential

Live-Work Unit in a prime location. Located within Reeth Dales Centre, the main centre in Swaledale for

craft-based businesses, including a range of workshops housing difference business types such as furniture

makers, jewellery makers, painters, sculptors and more. The building can be used for almost any commercial

use, including manufacture, wholesale, retail, hi-tech or lo-tech. Investor buyers could split the units to

achieve 3 or 4 rental units with a yield around £30,000 (10%)

Reeth is a major tourist centre, and has an excellent range of amenities such as public houses, restaurants,

shops, tearooms etc. There are beautiful walks over the countryside, and the Towns of Richmond and

Leyburn are only 15 minutes away.

The current owner has run his very successful cabinet making business here for the last 20 years, the layout

consists of an entrance showroom with vaulted full height ceiling, 2 workshops, WC, and 2 large wood stores.

To the first floor there is a large open gallery with balcony overlooking the showroom, a good sized useful

storeroom, staff kitchen and office.

Planning permission has been granted by the National Parks Authority for a Live-Work Unit, to turn part of

the building into residential accommodation. The concept of a Live-Work unit is that who ever owns the

property must live in the accommodation and run their own business. This is subject to a 106 agreement and

new owners need to have an approved business plan by the National Park Authority.

The proposed plans offer spacious living accommodation.Conversion of the store and the workshop would

create a ground floor large master suite with shower room and dressing area, two further good-sized double

bedrooms, house bathroom and a garage. On the second floor there would be a large open plan living area

incorporating a dining kitchen and living area. It will have lovely views to the south over Reeth and views to

the north to Fremington Edge.

Excellent opportunity to live and work in the beautiful countryside on the same site, making it a very

attractive proposition. Developments of this type are very sought after, but are in very short supply. Equally a

great site for business expansion, or an investment opportunity.

SHOWROOM/WORKSHOP UNIT 1

ENTRANCE

SHOWROOM 42' 3" x 12' 9" (12.88m x 3.89m) Welcoming glazed public entrance with slate floor

tiles. Solid wood flooring. Night storage heater. Vaulted full height ceiling. Window

to side. Double glazed doors to front. Views to Fremmington Edge.

WORKSHOP 1 26' 9" x 19' 6" (8.15m x 5.94m) 520 sq ft, well lit workshop. Wood flooring.

Power/consumer units. 3 Windows to front with views to Fremmington Edge.

REAR LOBBY 9' 10" x 6' 4" (3m x 1.93m) Quality tiled floor. Door to rear.

WC Disabled WC. Wash hand basin. Electric panel heater. Window.

WORKSHOP 2 22' 9" x 19' 9" (6.93m x 6.02m) Well lit 450 sq ft room. Concrete floor. Night storage

heater. Good range of power points. 3 Windows to South.

Showroom,Workshops & Live/Work Potential, 12 Silver

Street, Reeth

FIRST FLOOR

OFFICE 19' 7" x 7' 3" (5.97m x 2.21m) Light room. Overlooking balcony, enabling you to see

visitors come in. 3 Windows. door to gallery.

KITCHEN 11' 6" x 7' 3" (3.51m x 2.21m) Staff kitchen. Single drainer stainless steel sink. Range

of units with work top. Window to South.

GALLERY 28' 6" x 20' 3" (8.69m x 6.17m) Fitted carpet. Insulated ceiling. Panel heater. Ceiling

spot lights. 3 Windows over looking Fremington Edge.

STORE ROOM 20' 3" x 19' 6" (6.17m x 5.94m) Insulated ceiling. 3 Windows to South.

WORKSHOP/

GARAGE UNIT 2 39' 3" x 18' 3" (11.96m x 5.56m) Full height modern workshop. 717 sq ft. Roller

shutter door. Night store heater. Insulated roof. 4 Skylights.

STORE UNIT3/4 40' x 18' 9" (12.19m x 5.72m) Portal frame timber clad building 750 sq. ft., currently

used for wood storage. Potential to create a 2nd floor to increase the floorspace to

1500 sq. ft. and a 4th business unit. This area, along with Unit 2 is the basis for the

planning for the residential unit.

OUTSIDE Ample outside space for private and visitor parking and to create a garden/play area

for commercial and residential use. Gravelled with stone wall.

QUOTE FROM NEIGHBOURING BUSINESS On Tuesday 25 November 2014.

"The Live/work concept has really worked for us as it has given us ample working

space and a comfortable new home at a reasonable price. The location is excellent for

us as it is an established tourist area which gives us additional income in the summer

to supplement our main business which is off-site. Reeth is also a very friendly

community with an active social life and good facilities, so we have no regrets about

moving here.

AGENT NOTES Copies of plans, planning permission and 106 agreement can be obtained from our

main office in Leyburn, or contact 01969 622 936.

RENTAL YIELDS If bought as an investment property, the units would be vacant. Estimated rents would

be

Unit 1 £2000/month

Unit 2 £500/month

Unit 3 £400/month.

If the Unit 3 were developed into either an upgraded 3rd unit, or a 4th unit created

then the rent could be higher.

Annual rental is potentially £30-35,000, giving a yield of 10%

Showroom,Workshops & Live/Work Potential, 12 Silver

Street, Reeth

GENERAL

Photographs & Virtual Tours Items in these photographs and tours may not be included in the sale.

Viewing By appointment. We aim to accompany viewings 7 days a week.

Local Authority Richmondshire District Council, 01748 829100.

Planning Authority Yorkshire Dales National Park (01969 652349)

Business Rated Business Rates should be confirmed by the Purchaser prior to purchase.

Tenure Freehold.

AGENT NOTES

J. R. HOPPER & Co. has not tested services, fixtures, fittings, central heating, gas and electrical systems. If in doubt,

purchasers should seek professional advice.

OFFER PROCEDURE

J. R. Hopper & Co, as Agents in the sale of the property will formally check the identification of prospective

Purchasers. In addition the Purchaser will be required to provide information regarding the source of funding as part of

our Offer handling procedure

FINANCIAL ADVICE

Buying your own home can be a complicated and confusing business especially with so many different schemes being

offered by the High Street Building Societies and Banks. Why not find out which mortgage is best for you by speaking

to our own Independent Financial & Mortgage Advisor? There is no obligation or cost and we can help even if you

are buying from other agents. To make an appointment, please call – 01969 622936

Your home is at risk if you do not keep up the repayments on a mortgage or other loan secured on it. Written details

available upon request

CONVEYANCING

Buying or Selling your home requires a diligent solicitor. We work with local solicitors & the UK’s most

recommended provider of conveyancing services. This makes the process as smooth and stress free as possible. Call, or

check our website, for a free, no obligation, no move no fee quote.

MARKET APPRAISALS

If you have a property or business which needs a market appraisal or valuation, our local knowledge, experience and

coverage will ensure you get the best advice. Our Relocation Agent Network of over 600 specially selected offices

can provide this no obligation free service anywhere in the country. Call or email now to let us get you moving.

ALL AGENTS

Check out what other buyers and sellers have said about J.R. Hopper & Co at allagents.co.uk. Almost 100% of the 40

testimonials this year would recommend J.R. Hopper & Co. to their friends.

ON THE MARKET

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J. R. HOPPER & Co.

J.R.HOPPER & Co. is a trading name for J. R. HOPPER & Co. (Property Services) Limited, which is registered in

England No 3438347. The registered office for the company is Hall House, Woodhall, Askrigg, Leyburn, North

Yorkshire, DL8 3LB. Directors are L. B. Carlisle and E. J. Carlisle.

ENERGY PERFORMANCE CERTIFICATE

Property: Showroom,Workshops & Live/Work Potential, 12 Silver Street, Reeth, Richmond,

Swaledale, North Yorkshire, DL11 6SP

E 106.

Showroom,Workshops & Live/Work Potential, 12 Silver

Street, Reeth

Showroom,Workshops & Live/Work Potential, 12 Silver

Street, Reeth

Showroom,Workshops & Live/Work Potential, 12 Silver

Street, Reeth