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Countoak House Front St

1,310 SF 100% Leased Retail Building Acomb YO24 3GD £295,000 (£225/SF) 6.55% Net Initial Yield

Shops & Retail Properties Northumberland Acomb Front St, Acomb, NBL YO24 3GD

Investment Highlights

  • Located in the heart of this busy suburban shopping destination
  • Access via A1237
  • Daytime Foot Traffic

Executive Summary

£295,000 reflecting a net initial yield of 6.55%.
The property is held freehold under Land Registry title NYK69109.
Countoak House is situated on the north side of Front Street, extending back to York Road (B1224) onto which it also has a display frontage. We understand that the property was built about 40 years ago, having brick elevations under a flat parapet roof; it comprises a ground floor shop with a self-contained office to the first floor.

Attachments

York-Acomb-1-2-Countoak-House-Front-Street

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,310 SF
Building Class
B
Year Built
1910
Price
£295,000
Price Per SF
£225
Net Initial Yield
6.55%
NOI
£19,323
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.50
Lot Size
0.02 AC
Frontage
18 ft on Front Street

Amenities

  • Security System
  • EPC - C

Links

1 of 1

Nearby Major Retailers

Morrisons
HSBC
Co-operative Food
Farmfoods
Londis
ASDA
Lidl
+44 1904 707000

Contacts

  • Chris Jenkins
    Chris Jenkins
  • John Hornsby
    John Hornsby

  • Listing ID: 33232705

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: Front St, Acomb YO24 3GD

The Retail Property at Front St, Acomb, YO24 3GD is currently available for sale. Contact Howard Jenkins for more information.

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Countoak House | Front St
+44 1904 707000 x

Countoak House | Front St

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Chris Jenkins

+44 1904 707000

+44 1904 707000

John Hornsby

+44 1904 794812

+44 1904 794812

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