Oxfam, Market Place | Market Place
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Oxfam, Market Place Market Place
1,027 SF 100% Leased Retail Building Knaresborough HG5 8AG £180,000 (£175/SF) 9.25% Net Initial Yield
Investment Highlights
- Attractive Retail Investment in affluent Market Town
- Let to longstanding national tenant
Executive Summary
14 Market Place, Knaresborough HG5 8AG
- The Idyllic Market and Spa town of Knaresborough is one of North Yorkshire’s most affluent towns.
- Knaresborough Castle and infamous Mother Shipton ‘s Cave are a few of the tourist attractions that bring thousands of tourist to the town each year.
- The property occupies a strong position within the Market Place, the town’s prime retail and leisure pitch.
- Let to leading UK charity Oxfam, who have occupied the property since 1986.
- Passing rent £17,000 per annum.
- Comprising 1,027 sq ft of accommodation across ground and first floor.
- Freehold.
We have been instructed to seek offers in excess of £180,000 (One Hundred and Eighty Thousand Pounds). Reflecting a net initial yield of 9.25% and a low capital value of £175 per sq ft.
- The Idyllic Market and Spa town of Knaresborough is one of North Yorkshire’s most affluent towns.
- Knaresborough Castle and infamous Mother Shipton ‘s Cave are a few of the tourist attractions that bring thousands of tourist to the town each year.
- The property occupies a strong position within the Market Place, the town’s prime retail and leisure pitch.
- Let to leading UK charity Oxfam, who have occupied the property since 1986.
- Passing rent £17,000 per annum.
- Comprising 1,027 sq ft of accommodation across ground and first floor.
- Freehold.
We have been instructed to seek offers in excess of £180,000 (One Hundred and Eighty Thousand Pounds). Reflecting a net initial yield of 9.25% and a low capital value of £175 per sq ft.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,027 SF
Year Built
1922
Price
£180,000
Price Per SF
£175
Net Initial Yield
9.25%
NOI
£16,650
Percent Leased
100%
Number of Floors
2
1 of 1
Nearby Major Retailers
1 of 2
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Oxfam, Market Place | Market Place
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