54-55 Briggate - Storefront FOR SALE


Leeds, WYK LS1 6AS
$2,485,000 USD
207-182-7482
54-55 Briggate, Leeds, WYK for Sale
$2,485,000 USD
Storefront - FOR SALE
1/7
null | 7% Cap Rate

54-55 Briggate
Leeds, WYK LS1 6AS


HIGHLIGHTS

  • Located in Leeds' Jewellery Quarter
  • Great transport links
  • Surrounded by high end retailers

OVERVIEW

The property occupies a highly prominent corner position on Briggate – Leeds’ prime 100% retail thoroughfare. We are instructed to seek offers in excess of £2,485,000 (Two Million Four Hundred and Eighty Five Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this levels reflects a net initial yield of 7%, potentially rising to a reversionary yield of 8.55%, assuming standard purchaser costs of 6.38%.

FOR SALE DETAILS

PRICE

$2,485,000 USD

PRICE/SF

$1,833 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,297 SF

ZONING

-

APN/PARCEL ID

WYK618001,YWE55724,YY97602

ASK ABOUT THIS PROPERTY

Graham FawcettFMX Urban Property AdvisorsMore Info
207-182-7482

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Graham FawcettFMX Urban Property AdvisorsMore Info
207-182-7482

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.