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143 High St 2,442 SF 100% Leased Retail Building Yarm TS15 9AY $993,022 ($406.64/SF) 8.69% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in the centre of Yarm, an affluent market town on the banks of the River Tees and close to the North Yorkshire Moors
- Close to all local amenities
- The subject property is situated in a prime position in the heart of Yarm on High Street
EXECUTIVE SUMMARY
Offers in excess of £740,000 (Seven Hundred and Forty Thousand Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 8.69% assuming standard purchasers’ costs of 5.38%.)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,442 SF
Building Class
C
Year Built
1900
Price
$993,022
Price Per SF
$406.64
Cap Rate
8.69%
NOI
$86,294
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.16 AC
Frontage
51’ on High Street
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NEARBY MAJOR RETAILERS
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143 High St
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