Description
An excellent opportunity to purchase this single storey commercial property located in the heart of Acomb in what is a predominantly residential location located in this suburb on the West side of York.
An excellent opportunity to purchase this single storey commercial property located in the heart of Acomb in what is a predominantly residential location located in this suburb on the West side of York. The premises themselves form part of a small parade of 3 shops, located next to a hair & beauty salon and a pizza takeaway.
The premises are occupied by the cooperative funeral care and so are available as an investment opportunity with the tenant in situ. The tenant signed a new 10 year lease from November 2021 with a break clause in 2026 at a rent of £14,000 Per Annum. This provides an excellent return of just shy of 7.2% on the asking price with the tenant committed to at least November 2026. A copy of the lease agreement can be provided on request.
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01423 501211 Option 4