TypeRetail Investments

HU17 36 Saturday Market, Beverley

TenureFor sale or rent

36 Saturday Market, Beverley, HU17 1/9

Specification

Building size
Building size 108 - 2,722 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale or rent

Description

The property comprises of a three storey period property that fronts Saturday Market and is adjacent to the Kings Head public house and Dyer Lane pedestrian access linking to further retail shops and Tesco's Supermarket.

The property comprises of a communal access via Saturday Market with the building consisting of a variety of commercial operators that fall under Class E use, which consists of retail, beauty, medial and office.

The premises benefit from communal kitchen and WC facilities within the building.

A full tenancy schedule is available upon request.

Currently producing an income of £45,420 per annum with an estimated rental value, once fully let, of £60,770. Provides a net initial yield of 5.96% % with a reversionary yield, once fully let, of 7.98%.

Location

The property is located within a historic market town of Beverley and is positioned within Saturday Market which forms part of Beverley's main retail area. Beverley provides a variety of amenities including restaurants, cafes, office and high street shops which are occupied by local & national operators. The property is within a short walking distance to the main bus and train terminal with available car parking in close proximity to the building.

Amenities

Attractive investment opportunity situated in the heart of the historic market town of Beverley.

Suites are available to let.

Benefiting from Class E use which is suitable for retail, office, financial services, beauty.

Currently producing an income of £45,420 per annum with an estimated rental value, once fully let, of £60,770.

Provides a net initial yield of 5.96% with a reversionary yield, once fully let of 7.98%.

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