Beaver House, Butcher Row, Beverley, East Riding Of Yorkshire, HU17 0AA

From

£1,150,000

Size

520 - 2,407

Tenure

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EPC

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Parking

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Spaces

2

Space
Space use
Size
Size
Primary use
Other

Key features

  • Mixed Retail & Leisure investment in one of Beverley's principal pedestrianised town-centre locations. Located within the popular Historic Market Town of Beverley.
  • Strong surrounding occupier profile, including M&S and a range of established retail and leisure businesses.
  • The current passing rent is £97,150 per annum, with two rent reviews due within the first quarter of 2027.
  • Potentially revisionary rental of £100,900 by 25th December 2028.
  • Reflecting a net initial yield of approximately 8.0% after purchaser's costs at 5.59%, and a projected reversionary yield of approximately 8.31%.
  • Designated parking for the tenants located to the rear of the property.

Description

Unit 1

Additional information

Service charge
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Business rates
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Size
Primary use
Other

Key features

  • Mixed Retail & Leisure investment in one of Beverley's principal pedestrianised town-centre locations. Located within the popular Historic Market Town of Beverley.
  • Strong surrounding occupier profile, including M&S and a range of established retail and leisure businesses.
  • The current passing rent is £97,150 per annum, with two rent reviews due within the first quarter of 2027.
  • Potentially revisionary rental of £100,900 by 25th December 2028.
  • Reflecting a net initial yield of approximately 8.0% after purchaser's costs at 5.59%, and a projected reversionary yield of approximately 8.31%.
  • Designated parking for the tenants located to the rear of the property.

Description

Unit 2 & 3

Additional information

Service charge
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Business rates
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Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking

Key features

  • Mixed Retail & Leisure investment in one of Beverley's principal pedestrianised town-centre locations. Located within the popular Historic Market Town of Beverley.
  • Strong surrounding occupier profile, including M&S and a range of established retail and leisure businesses.
  • The current passing rent is £97,150 per annum, with two rent reviews due within the first quarter of 2027.
  • Potentially revisionary rental of £100,900 by 25th December 2028.
  • Reflecting a net initial yield of approximately 8.0% after purchaser's costs at 5.59%, and a projected reversionary yield of approximately 8.31%.
  • Designated parking for the tenants located to the rear of the property.

Description

The property comprises an attractive and versatile mixed-use commercial building of traditional brick construction beneath a pitched concrete tiled roof, incorporating four ground floor retail units, currently occupied by a mix of established occupiers including a bakery, café and estate agency, with one unit operating as a double unit. The property also provides substantial first floor restaurant accommodation together with additional second floor space.

The property benefits from Class E planning use, providing considerable flexibility for a range of occupiers and commercial uses, including retail, café/restaurant, office, leisure and other compatible uses, subject to any necessary planning consents.

Externally, the property benefits from a dedicated rear service and parking area, providing direct access to the ground floor units. There are six private parking spaces available to the property, accessed via a keypad-controlled entrance from the adjoining Marks & Spencer car park. The property is also conveniently positioned close to a public car park directly opposite, providing additional convenient parking for customers, staff and visitors.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Beaver House, Butcher Row, Beverley, East Riding Of Yorkshire, HU17 0AA

NEAREST STATIONS

National Rail

Beverley Station

0.28 miles

National Rail

Arram Station

2.92 miles

National Rail

Cottingham Station

4.25 miles

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Disclaimer - Property reference 11685FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Garness Jones Commercial, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.