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18A Forest Rd 2,245 sq ft Retail Property Northallerton DL6 1JZ £595,000 (£265.03/sq ft) 6.55% Net Initial Yield
Investment Highlights
- Positioned strategically between major urban centres
- Economic stability anchored by major public sector employers
- Excellent transport connectivity
- Consistent footfall and a resilient local economy
Executive Summary
Prime investment opportunity, the freehold of this property has come onto the market at £595,000. The first floor flat has been sold off on a long lease at a ground rent of £150 per annum.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,245 sq ft
Costar Property Class
B
Year Built
1980
Price
£595,000
Price per sq ft
£265.03
Yield
6.55%
NOI
£38,973
Tenancy
Single
Number of Floors
2
Amenities
- Security System
1 1
Nearby Major Retailers
1 of 4
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18A Forest Rd
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