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High street retail property for sale

Market Place, Thirsk, North Yorkshire, YO7

£460,000

Business rates & charges may apply

Carrick Real Estate, Manchester
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SECTOR

High street retail property for sale

Key features

  • Fully let producing a total passing rent of £33,880 per annum
  • 81% of the income is let to Caffe Nero (Nero Holdings Limited)
  • Nero has been in occupation for 10 years and have recently renewed on a 5 year term.
  • Offers in excess of £460,000 (Four Hundred and Sixty Thousand Pounds) which equates to a Net Initial Yield of 7.00% after full purchaser's costs.

Description

36 Market Place comprises a four-storey
mid-terrace town centre property of traditional
masonry construction, finished with a
rendered elevation beneath a pitched roof.
The ground floor provides open-plan
retail accommodation with a full-width
glazed frontage and centrally positioned
entrance, delivering strong visibility,
natural light and prominent branding
to the principal retail pitch.
The first, second and third floors are
arranged above, externally expressed
through regularly spaced sash-style
windows, and form part of the upper
structure typical of period town centre
buildings in this location. The upper parts
enhance the building's scale and presence
within the streetscape and are ancillary
to the ground floor commercial use.
23 Chapel Street is an attractive two
storey self-contained building which is
currently let as a hairdresser and beauty
salon. There is parking at the rear of the
building within the title.

Brochures

Market Place, Thirsk, North Yorkshire, YO7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Thirsk Station1.3 miles

About Carrick Real Estate, Manchester

No 1, Spinning Fields Quay Street, Manchester, M3 3JE

Notes

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