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11-13 Parliament St
York YO1 8SE
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The Property is situated in a prominent corner position at the conjunction of Parliament Street & Market Street
  • Fully let to HSBC until 16th October 2026 across 3 separate leases with a WAULT of 2.5 years to expiry
  • Asset management opportunities include re-gearing the current lease with HSBC and developing the upper parts into residential, aparthotel or student
  • Fully let retail unit on ground and basement with office and ancillary storage across the mezzanine and 4 upper floors
  • Net Income: £505,000 p.a
  • The city attracts 8.4 million tourists annually, who spend in excess of £765 million per year

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Property Size
28,779 sq ft
Costar Property Class
B
Year Built
1990
Tenancy
Single
Number of Floors
7
Floor To Floor Height
9 ft
Plot ratio
3.96
Total Plot Size
0.17 ac
Frontage
91 ft on Parliament St

AMENITIES

  • Corner Lot
  • Security System
  • Signage
  • Air Conditioning
  • Listing ID: 32994261

  • Date on Market: 29/08/2024

  • Last Updated:

  • Address: 11-13 Parliament St, York YO1 8SE

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