Retail in Tickton available for sale
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Retail Properties for Sale near Tickton, Beverley

Retail Properties for Sale Within 5 miles of the Tickton, Beverley

More details for 10 Samman Rd, Beverley - Retail for Sale

10 Samman Rd

Beverley, HU17 0BS

  • Retail for Sale
  • £155,000
  • 1,145 sq ft

Beverley Retail for Sale

Investment Consideration: Gross Initial Yield: 7.56% Rental Income: £11,725 p.a. VAT is NOT applicable to this property Comprises ground floor retail shop t/a William Hill Let until January 2038. Rent review and tenant break option in 2033. Occupiers close by include Lloyds Pharmacy, One Stop and a number of local retailers serving a predominantly residential area. Property Description: Comprises end-of-terrace ground floor shop with double frontage currently t/a William Hill betting shop, providing the following accommodation and dimensions: Ground Floor: 106.40 sq m (1,145 sq ft) Open plan retail, kitchen, office, wc Tenancy: The property is at present let to William Hill Organization Ltd for a term of 15 years from 10th January 2023 at a current rent of £11,725* p.a. and the lease contains full repairing and insuring covenants. Rent review in January 2033 open market upward only. Tenant option to determine in January 2033 with min 6 months notice. * Tenant currently pays rent of £10,000 p.a. CPI linked rent review 10.01.28 (annualised). Approximate rental increase to £11,725 p.a. Vendor will top up rent so the buyer receives the equivalent to £11,725 p.a. from sale completion. Tenure: Long leasehold. Held on a lease for a term of years from 29th February 1995 expiring 17th January 2113 at a current ground rent of £10 per annum. Location: Beverley is an attractive market town which is famous for its 15th Century Minster and Racecourse and is located 8 miles north of Hull. There are good road communications being located at the junction of the A164 and A1035 some 11 miles to the north-east of the M62 (Junction 38). The property is situated on the north of Samman Road between its junctions with Coltman Avenue and Wilberforce Crescent. Occupiers close by include Lloyds Pharmacy, One Stop and a number of local retailers serving a predominantly residential area.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

20/02/2025

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More details for 2 Saturday Market, Beverley - Retail for Sale

2 Saturday Market

Beverley, HU17 8BB

  • Retail for Sale
  • £285,000
  • 1,394 sq ft
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More details for 36 Beckside, Beverley - Retail for Sale

36 Beckside

Beverley, HU17 0PD

  • Retail for Sale
  • £340,000
  • 1,394 sq ft
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FAQs about Retail property for sale in Tickton

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Tickton?
There are currently 0 Retail Properties available for sale near Tickton. These Tickton Retail Property listings have an average size of. The largest available listing in Tickton is. The thriving commercial centre and excellent transport links in Tickton make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Tickton?
The average price/SF for Retail Property for sale in Tickton is about. The cost per sq ft for Retail Property in Tickton ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Tickton?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Tickton?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Tickton is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Tickton, Beverley

With 0 retail units currently available for sale in Tickton, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Tickton, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Tickton, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Tickton can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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