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3 & 5 Blake Street 2 Retail Properties Offered at $1,387,955 CAD in York
Investment Highlights
- 2 ground floor Retail/ Leisure units
- The subject units are located on Blake Street, a busy Retail and Leisure destination within the heart of York City Centre
- Fully let generating £75,000 per annum
Executive Summary
Superb position in York city centre with fully let ground floor retail units (rental income of £80,000 per annum).
No. 3 Blake Street is let for a term of 7 years from November 2025 to Mr Michael Brett at a rental of £45,000 pax with a rent review and tenant only break option in November 2029.
No. 5 Blake Street is let for 10 years from February 2020 to Clarksons (Petergate) Limited at a rental of £35,000 per annum.
The 4 residentials are let on 999 year leases from 1st January 2007 at an annual ground rent of £10 each.
No. 3 Blake Street is let for a term of 7 years from November 2025 to Mr Michael Brett at a rental of £45,000 pax with a rent review and tenant only break option in November 2029.
No. 5 Blake Street is let for 10 years from February 2020 to Clarksons (Petergate) Limited at a rental of £35,000 per annum.
The 4 residentials are let on 999 year leases from 1st January 2007 at an annual ground rent of £10 each.
Property Facts
| Price | $1,387,955 CAD | Number of Properties | 2 |
| Price / SF | $507.29 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 9.96% | Total Building Size | 2,736 SF |
| Sale Type | Investment | Total Land Area | 0.37 AC |
| Status | Active |
| Price | $1,387,955 CAD |
| Price / SF | $507.29 CAD / SF |
| Cap Rate | 9.96% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,736 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5 Blake St, York YO1 8QJ | Retail | 1,599 SF | 1900 | - |
| 3 Blake St, York YO1 8QJ | Retail | 1,137 SF | 1890 | - |
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3 & 5 Blake Street
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