Property photos
Just added
Leasehold
Offers in region of
£325,000
(£152.08/sq. ft)
Property for sale
Richmondshire Walk, Catterick Garrison DL92,137 sq. ft
Local area information
Property location
Nearby amenities
- Risedale Sports and Community College 0.4 miles
- Wavell Community Junior School 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Central retail parade anchored by Tesco, Farm Foods, McDonalds and Card Factory
- Secure tenant covenant receiving a Credit Safe score of 93/100 and considered very low risk
- Large customer car park
Long Leasehold retail investment forming part of a central retail parade anchored by occupiers including Tesco, Farm Foods, McDonalds and Card Factory.
The property comprises a two storey retail premises let to cex (Franchising) Ltd. For a term of years expiring 20th September 2028. The rent held under the lease is £32,000pax however there is currently a service charge cap reducing the net rent to approximately £28,160.
A purchase at the asking price demonstrates a net initial yield of 8.37% after assuming standard purchasers costs at 3.57%
The property comprises a two storey retail premises let to cex (Franchising) Ltd. For a term of years expiring 20th September 2028. The rent held under the lease is £32,000pax however there is currently a service charge cap reducing the net rent to approximately £28,160.
A purchase at the asking price demonstrates a net initial yield of 8.37% after assuming standard purchasers costs at 3.57%
More information
Listed by
Carver Commercial A3 Nick & Gordon carver res on A1
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