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143 High St 2,442 sq ft 100% Let Retail Property Yarm TS15 9AY £740,000 (£303.03/sq ft) 8.69% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Located in the centre of Yarm, an affluent market town on the banks of the River Tees and close to the North Yorkshire Moors
- Close to all local amenities
- The subject property is situated in a prime position in the heart of Yarm on High Street
EXECUTIVE SUMMARY
Offers in excess of £740,000 (Seven Hundred and Forty Thousand Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 8.69% assuming standard purchasers’ costs of 5.38%.)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,442 sq ft
Costar Property Class
C
Year Built
1900
Price
£740,000
Price per sq ft
£303.03
Yield
8.69%
NOI
£64,306
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.35
Total Plot Size
0.16 ac
Frontage
51 ft on High Street
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143 High St
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