Millgate, Thirsk
BO

Millgate, Thirsk

By Boutique Property Shop

£ 185,000

Reviews

2 out of 5 stars

Boutique Property Shop says ..

A rare and unique opportunity to own both commercial premises and well established business located in the historic and popular market town of Thirsk in North Yorkshire. Located in the heart of the town on Millgate is this historic building spread across three floors, with access dire...

Property Oracle says ..

This property is a commercial unit located on Millgate in Thirsk, North Yorkshire. The provided photographs reveal a recently refurbished interior, suggesting a modern and well-maintained space suitable for a commercial business. The interior pictures showcase a stylish cafe/restaurant setup with modern decor and adequate kitchen facilities. The exterior displays the business, ‘The Fish Dock’, indicating it may be a going concern. The property’s location on Millgate is attractive, due to proximity to shops, amenities, and the Thirsk market place. Several schools, including the well-regarded Thirsk School & Sixth Form College, are within a reasonable distance. However, the absence of key information, such as the property’s square footage and plot size, limits the ability to give a complete analysis and assessment of value. The lack of information on the business’s financial performance and ongoing operation is also a major factor. Potential buyers will need to conduct due diligence on these aspects to make an informed decision. Additionally, while the price may seem relatively low in comparison to some residential properties listed nearby, the absence of a square footage makes it difficult to determine if this is a particularly good value. In summary, this property presents an interesting opportunity for commercial investment in a desirable market town, however, additional due diligence is essential to determine its overall value and suitability to the investor.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
1
Bedrooms
0
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
413,500.00 £
Increased by 31.36 %
from 314,773.00 £
Average area rental value
1,399.00 £/mo
Increased by 53.23 %
from 913.00 £/mo
Est rental Yield
4.06 %
Increased by 16.67 %
from 3.48 %
Crime Rate
65.00 %
Unchanged by 0.00 %
from 65.00 %

Agent Activity

  • Boutique Property Shop created the listing.

Nearby Schools

NameTypeOfstedDistance
Thirsk Community Primary SchoolCommunity SchoolRequires improvement0.74 KM
Thirsk Children'S CentreChildren's Centre0.74 KM
All Saints Catholic Primary School, A Catholic Voluntary AcademyAcademy Sponsor Led0.80 KM
Sowerby Primary AcademyAcademy Converter0.94 KM
Thirsk School & Sixth Form CollegeCommunity SchoolGood1.21 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Riverside Mews £ 162,50000.00 KM
Court Arcade £ 000.00 KM
Roses Yard £ 000.00 KM
St. James Green £ 000.00 KM
Waterside £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Thirsk8191THI3.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
White Rose Book Cafe, 79-81 Market Place, Thirsk, YO7 1ET £ 600,000BUY5 / 100.09 KM
Batemans Yard, Thirsk, YO7 £ 160,000BUY5 / 100.10 KM
Investment/Development Opportunity, Thirsk, North Yorkshire, YO7 £ 600,000BUY5 / 100.11 KM
St. James Green, Thirsk, YO7 £ 650,000BUY6 / 100.14 KM
St. James Green, Thirsk, YO7 £ 375,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
7 Riverside Mews £ 153,0000.04 KM
2 Riverside Mews £ 140,0000.04 KM
8 Riverside Mews £ 114,0000.04 KM
11 Riverside Mews £ 112,0000.04 KM
1 Riverside Mews £ 147,8500.04 KM