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48-52 Wheelgate 3,343 SF Retail Building Malton YO17 7HP $931,499 CAD ($278.64 CAD/SF) 6.69% Cap Rate
Investment Highlights
- Prominent town centre position
- Other occupiers nearby include Costa Coffee, Heron Foods, Cooplands, Boots and WH Smith.
- Close to rail and bus stations
Executive Summary
Prominent retail investment in popular North Yorkshire market town.
For sale - £500,000 representing a net initial yield of 6.69% after purchase costs of 4.7%.
Internally the property is laid out with an open plan sales floor at ground floor level. There is a rear lobby and door to a shared rear loading yard. A staircase provides access to first floor storage and staff kitchen and WCs.
For sale - £500,000 representing a net initial yield of 6.69% after purchase costs of 4.7%.
Internally the property is laid out with an open plan sales floor at ground floor level. There is a rear lobby and door to a shared rear loading yard. A staircase provides access to first floor storage and staff kitchen and WCs.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,343 SF
Building Class
B
Year Built
1970
Price
$931,499 CAD
Price Per SF
$278.64 CAD
Cap Rate
6.69%
NOI
$62,317 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.06 AC
Frontage
39’ on Wheelgate
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Nearby Major Retailers
1 of 4
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48-52 Wheelgate
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