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57 Commercial St 2,949 sq ft 100% Let Retail Property Malton YO17 9HX £275,000 (£93.25/sq ft) 7.06% Net Initial Yield
Investment Highlights
- 2 flats above let on long leaseholds
- Close to Aldi supermarket due to open Autumn 2026
- Passing rent of £20,000 pax
- Prominent streetside position
- Good transportation links
Executive Summary
Retail investment comprising ground floor convenience store unit trading as Costcutter with 2 flats let on long leaseholds above. The subjects occupy a prominent position on Commercial Street in Norton.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,949 sq ft
Costar Property Class
C
Year Built
1985
Price
£275,000
Price per sq ft
£93.25
Yield
7.06%
NOI
£19,415
Occupancy Rate
100%
Number of Floors
3
Plot ratio
1.49
Total Plot Size
0.05 ac
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Nearby Major Retailers
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57 Commercial St
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