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68 Hope St 2,220 sq ft 100% Let Retail Property Crook DL15 9HT £98,500 (£44.37/sq ft) 10% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Daytime Foot Traffic
- Parking to front
- Access via A68
EXECUTIVE SUMMARY
Freehold subject to a five year full repairing and insuring lease from 25th March 2024 let to Done Brothers (Cash Betting) Ltd at an annual rent of £10,000 per annum with a tenant only break option after three years on giving no less than six months notice.
£98,500
£98,500
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
2,220 sq ft
Costar Property Class
C
Year Built
1960
Price
£98,500
Price per sq ft
£44.37
Yield
10%
NOI
£9,850
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.03
Total Plot Size
0.05 ac
Frontage
28 ft on Hope Street
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NEARBY MAJOR RETAILERS
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68 Hope St
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