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33 Stonegate

1,741 SF Retail Building York YO1 8AW £975,000 (£560/SF) 6.36% Net Initial Yield

Executive Summary

• York is an internationally renowned city & tourist destination attracting 8.9 million visitors a year.
• Annual tourist industry contributes £1.7bn to economy supporting 17,000 jobs.
• Strong retail location close to York Minster.
• Let to Strong covenant of Abraham Moon & Sons Limited who have been trading since 1837 & have shareholder funds of £21m.
We are instructed to seek offers in excess of £975,000 which reflects a net initial yield of 6.01% after purchaser’s costs of 5.72%.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,741 SF
Building Class
B
Year Built
1482
Price
£975,000
Price Per SF
£560
Net Initial Yield
6.36%
NOI
£62,000
Tenancy
Single
Number of Floors
4
Slab to Slab
9 ft
Frontage
22 ft on Stonegate

Amenities

  • Security System
  • Storage Space

Nearby Major Retailers

Barclays
eurochange
Whittard of Chelsea
HSBC
The Co-operative Bank
West Cornwall Pasty Co
Revolution
All Bar One
Starbucks
Bill's
  • Listing ID: 33470812

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 33 Stonegate, York YO1 8AW

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