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Barrys Ln 10,713 sq ft Industrial Property Scarborough YO12 4HA £625,000 (£58.34/sq ft) 6.77% Net Initial Yield
Investment Highlights
- Established Trade Counter investment opportunity.
- Located in the heart of the town’s trade counter and out of town retail provision
- Scarborough is a famous seaside town and the largest along the Yorkshire coast
Executive Summary
We have been instructed to seek offers in excess of £625,000 (Six Hundred and TwentyFive Thousand Pounds), subject to contract.
A purchase at this level will reflect a net initial yield of 6.77% and a low capital value of £58.34 psf, assuming purchasers' costs of 5.12%.
A purchase at this level will reflect a net initial yield of 6.77% and a low capital value of £58.34 psf, assuming purchasers' costs of 5.12%.
Property Facts
| Price | £625,000 | Costar Property Class | C |
| Price per sq ft | £58.34 | Total Plot Size | 0.47 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 10,713 sq ft |
| Yield | 6.77% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse |
| Price | £625,000 |
| Price per sq ft | £58.34 |
| Sale Type | Investment |
| Yield | 6.77% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.47 ac |
| Net Internal Area (NIA) | 10,713 sq ft |
| No. Floors | 1 |
| Year Built | 1980 |
| Tenancy | Single |
Amenities
- Yard
- Roller Shutters
- Storage Space
Utilities
- Lighting
- Water
- Sewer
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Barrys Ln
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