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18 Butcher Row 3,019 sq ft Retail Property Beverley HU17 0AB £675,000 (£223.58/sq ft)
INVESTMENT HIGHLIGHTS
- Close to Beverley station
- Other nearby occupiers include Lakeland, Crewe, Holland & Barrett and Mountain Warehouse.
- Butcher Row is located within the pedestrianised central retail area of Beverley
EXECUTIVE SUMMARY
The property comprises a mid-terraced three storey building of traditional brick construction. The ground floor provides an attractive retail area which has been well fitted out by the occupier and frontage on to Butcher Row.
To the rear of the retail area is a store room, together with staff facilities including kitchen and WC.
The upper floors have previously been occupied as residential, however are currently vacant. It is expected that subject to some cosmetic refurbishment, the first floor could be let as a 2 bed flat. The second floor would require a new fire escape being created in order for this to be leased as residential, however, once this is in place would rent as a 1 bed flat.
Alternatively the space could be utilised as commercial space.
Busy pedestrianised location
Potential for additional income by letting the upper floors
Popular prime Beverley location
Current income of £58,000 p.a.
To the rear of the retail area is a store room, together with staff facilities including kitchen and WC.
The upper floors have previously been occupied as residential, however are currently vacant. It is expected that subject to some cosmetic refurbishment, the first floor could be let as a 2 bed flat. The second floor would require a new fire escape being created in order for this to be leased as residential, however, once this is in place would rent as a 1 bed flat.
Alternatively the space could be utilised as commercial space.
Busy pedestrianised location
Potential for additional income by letting the upper floors
Popular prime Beverley location
Current income of £58,000 p.a.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,019 sq ft
Costar Property Class
B
Year Built
1900
Price
£675,000
Price per sq ft
£223.58
Tenancy
Single
Number of Floors
3
Plot ratio
0.44
Total Plot Size
0.16 ac
Frontage
20 ft on Butcher Row
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18 Butcher Row
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