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18 High St

2,056 SF Retail Building Stokesley TS9 5DQ $380,856 ($185/SF) 8.33% Cap Rate

Retail Space North Yorkshire Stokesley 18 High St, Stokesley, NYK TS9 5DQ

Investment Highlights

  • Popular market town
  • £24,000 per annum income
  • Prominent retail position

Executive Summary

The premises are fully let on the following basis:
Ground Floor – Let to Future Coffee Shops Ltd & Future Investment & Developments Ltd b way of an effectively full repairing and insuring lease from 4th June 2021 at a passing rent of £18,000 per annum incorporating 5 yearly rent reviews to OMRV.
Upper Floors – Let to Laura Day by way of an effectively full repairing and insuring lease from 18th September 2018 at a passing rent of £6,000 per annum.
The total rent receivable by the landlord is presently £24,000 per annum exclusive.

Attachments

Brochure

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,056 SF
Building Class
C
Year Built
1908
Price
$380,856
Price Per SF
$185
Cap Rate
8.33%
NOI
$31,738
Tenancy
Single
Building Height
4 Stories
Frontage
12 FT on High Street

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Nearby Major Retailers

Costa Coffee
Santander
HSBC
Barclays
+44 1642 713303

Contacts

  • Listing ID: 29875487

  • Date on Market: 10/25/2023

  • Last Updated:

  • Address: 18 High St, Stokesley TS9 5DQ

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18 High St
+44 1642 713303 x

18 High St

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Paul Stevenson

+44 1642 713303

+44 1642 713303

Jack Robinson

+44 7706 316628

+44 7706 316628

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