Richmondshire Walk, Catterick Garrison
£152.08 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,137 sq ft
199 sq m
- SECTOR
Commercial property for sale
Key features
- Central retail parade anchored by Tesco, Farm Foods, McDonalds and Card Factory
- Secure tenant covenant receiving a Credit Safe score of 93/100 and considered very low risk
- Large customer car park
Description
The property comprises a two storey retail premises let to CEX (Franchising) Ltd. for a term of years expiring 20th September 2028. The rent held under the lease is £32,000pax however there is currently a service charge cap reducing the net rent to approximately £28,160.
A purchase at the asking price demonstrates a net initial yield of 8.37% after assuming standard purchasers costs at 3.57%
Brochures
Richmondshire Walk, Catterick Garrison
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leyburn Station6.1 miles
Notes
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