48-52 Wheelgate 3,343 SF Retail Building Malton YO17 7HP £500,000 (£149.57/SF) 6.69% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent town centre position
- Other occupiers nearby include Costa Coffee, Heron Foods, Cooplands, Boots and WH Smith.
- Close to rail and bus stations
EXECUTIVE SUMMARY
Prominent retail investment in popular North Yorkshire market town.
For sale - £500,000 representing a net initial yield of 6.69% after purchase costs of 4.7%.
For sale - £500,000 representing a net initial yield of 6.69% after purchase costs of 4.7%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,343 SF
Building Class
B
Year Built
1970
Price
£500,000
Price Per SF
£149.57
Net Initial Yield
6.69%
NOI
£33,450
Tenancy
Single
Number of Floors
2
Building FAR
1.32
Lot Size
0.06 AC
Frontage
39 ft on Wheelgate
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NEARBY MAJOR RETAILERS
