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28-30 York Rd 673 SF 100% Leased Retail Building York YO24 4LZ $867,812 ($1,289.47/SF)



Investment Highlights
- Large Commercial Property
- Two Commercial Businesses
- Total Income c. £53,000 p.a. with Rental Uplift Potential
- Two First Floor Apartments
- Off Street Parking
- Freehold Development
Executive Summary
A rare opportunity to acquire a substantial freehold detached building comprising two well-established commercial units and two self-contained residential apartments, ideally positioned in the heart of Acomb on the busy and popular York Road. This well-maintained and versatile property offers a strong, immediate income with further potential for uplift. The current owners have carried out regular maintenance, alongside ongoing internal touch-ups to ensure the building remains in good order.
Residential Accommodation
Accessed via a private entrance to the rear, the first floor offers two separate residential flats:
A well-presented two-bedroom apartment, currently let through a local agent at £1,300 per calendar month (£15,600 p.a.).
A one-bedroom apartment, currently let at £550 per calendar month (£6,600 p.a.).This is considered below market rent, with a realistic market value of approximately £750 per month (£9,000 p.a.), presenting an uplift potential of £2,400 per annum.
Residential Accommodation
Accessed via a private entrance to the rear, the first floor offers two separate residential flats:
A well-presented two-bedroom apartment, currently let through a local agent at £1,300 per calendar month (£15,600 p.a.).
A one-bedroom apartment, currently let at £550 per calendar month (£6,600 p.a.).This is considered below market rent, with a realistic market value of approximately £750 per month (£9,000 p.a.), presenting an uplift potential of £2,400 per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
673 SF
Building Class
C
Year Built
1950
Price
$867,812
Price Per SF
$1,289.47
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.03
Lot Size
0.50 AC
Frontage
Amenities
- Security System
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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Presented by
Milburns Commercial
28-30 York Rd
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