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48-52 Wheelgate 3,343 sq ft Retail Property Malton YO17 7HP £500,000 (£149.57/sq ft) 6.69% Net Initial Yield
Investment Highlights
- Prominent town centre position
- Other occupiers nearby include Costa Coffee, Heron Foods, Cooplands, Boots and WH Smith.
- Close to rail and bus stations
Executive Summary
Prominent retail investment in popular North Yorkshire market town.
For sale - £500,000 representing a net initial yield of 6.69% after purchase costs of 4.7%.
Internally the property is laid out with an open plan sales floor at ground floor level. There is a rear lobby and door to a shared rear loading yard. A staircase provides access to first floor storage and staff kitchen and WCs.
For sale - £500,000 representing a net initial yield of 6.69% after purchase costs of 4.7%.
Internally the property is laid out with an open plan sales floor at ground floor level. There is a rear lobby and door to a shared rear loading yard. A staircase provides access to first floor storage and staff kitchen and WCs.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,343 sq ft
Costar Property Class
B
Year Built
1970
Price
£500,000
Price per sq ft
£149.57
Yield
6.69%
NOI
£33,450
Tenancy
Single
Number of Floors
2
Plot ratio
1.31
Total Plot Size
0.06 ac
Frontage
39 ft on Wheelgate
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Nearby Major Retailers
1 of 4
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48-52 Wheelgate
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