Market Place - Storefront FOR SALE


Knaresborough, NYK HG5 8AG
$180,000 USD
Market Place, Knaresborough, NYK for Sale
$180,000 USD
Storefront - FOR SALE
1/1
null | 9.25% Cap Rate

Market Place
Knaresborough, NYK HG5 8AG


HIGHLIGHTS

  • Attractive Retail Investment in affluent Market Town
  • Let to longstanding national tenant

OVERVIEW

14 Market Place, Knaresborough HG5 8AG - The Idyllic Market and Spa town of Knaresborough is one of North Yorkshire’s most affluent towns. - Knaresborough Castle and infamous Mother Shipton ‘s Cave are a few of the tourist attractions that bring thousands of tourist to the town each year. - The property occupies a strong position within the Market Place, the town’s prime retail and leisure pitch. - Let to leading UK charity Oxfam, who have occupied the property since 1986. - Passing rent £17,000 per annum. - Comprising 1,027 sq ft of accommodation across ground and first floor. - Freehold. We have been instructed to seek offers in excess of £180,000 (One Hundred and Eighty Thousand Pounds). Reflecting a net initial yield of 9.25% and a low capital value of £175 per sq ft.

FOR SALE DETAILS

PRICE

$180,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oxfam, Market Place

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

572 SF

ZONING

-

APN/PARCEL ID

NYK39555

ASK ABOUT THIS PROPERTY

Emily WoodLambert Smith HamptonMore Info

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Emily WoodLambert Smith HamptonMore Info

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