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62 Main St 835 SF Retail Building Cayton YO11 3RT $448,292 ($536.88/SF)
INVESTMENT HIGHLIGHTS
- Shop Premises & 3 Bedroom Cottage
- Both Currently Let
- Cottage Rental Income of £10,200 PA
- Freehold Commercial Investment
- Central Village & Main Road Location
- Shop Rental Income of £12,000 PA
EXECUTIVE SUMMARY
Freehold investment opportunity available with this shop premises and three bedroom cottage behind with current annual income of £22,200 per annum.
A unique opportunity to acquire this freehold property consisting of a shop unit and three bedroom cottage behind located in the centre of the village of Cayton. The shop unit is let on a full repairing and insuring lease of £12,000 per year on a 10 year term from July 2024. The cottage consists of three bedrooms, kitchen/diner, lounge, three bedrooms and a bathroom and courtyard at the front. The cottage is let on an assured shorthold tenancy at £850 per month,. Total combined income of £22,200 per year.
HMRC Check
If you have an offer accepted on this property, we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Guild365. They charge a fee for this service. For further information, please contact our office.
A unique opportunity to acquire this freehold property consisting of a shop unit and three bedroom cottage behind located in the centre of the village of Cayton. The shop unit is let on a full repairing and insuring lease of £12,000 per year on a 10 year term from July 2024. The cottage consists of three bedrooms, kitchen/diner, lounge, three bedrooms and a bathroom and courtyard at the front. The cottage is let on an assured shorthold tenancy at £850 per month,. Total combined income of £22,200 per year.
HMRC Check
If you have an offer accepted on this property, we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Guild365. They charge a fee for this service. For further information, please contact our office.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
835 SF
Building Class
B
Year Built
1985
Price
$448,292
Price Per SF
$536.88
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.07 AC
Frontage
38’ on Main Street
AMENITIES
- Storage Space
1 1
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62 Main St
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