4 Sheep St 3,327 SF Retail Building Skipton BD23 1JH £900,000 (£270.51/SF) 6.57% Net Initial Yield
EXECUTIVE SUMMARY
• 100% Prime retail pitch within the town.
• Well configured retail unit.
• Tenant Break not exercised.
• Attractive Market Town & gateway to the Yorkshire Dales.
• Regularly voted in the UK’s best destinations to live.
• Value Add with upper floor residential not currently used.
We are instructed to seek offers in excess of £900,000 which reflects a net initial yield of 6.57% after purchaser’s costs of 5.63%.
• Well configured retail unit.
• Tenant Break not exercised.
• Attractive Market Town & gateway to the Yorkshire Dales.
• Regularly voted in the UK’s best destinations to live.
• Value Add with upper floor residential not currently used.
We are instructed to seek offers in excess of £900,000 which reflects a net initial yield of 6.57% after purchaser’s costs of 5.63%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,327 SF
Building Class
B
Year Built
1850
Price
£900,000
Price Per SF
£270.51
Net Initial Yield
6.57%
NOI
£59,130
Tenancy
Single
Number of Floors
3
1 of 1
NEARBY MAJOR RETAILERS
