Property photos
Just added
Freehold
Guide price
£1,500,000
Restaurant for sale
Dominos Portfolio, Harrogate, Bridlington, Sunderland, Stockton, Hartlepool HG2Local area information
Property location
Nearby amenities
- Bridlington 0.4 miles
- Quay Academy 0.5 miles
- Our Lady and St Peter Roman Catholic Voluntary Aided Primary School Bridlington 0.7 miles
- Bempton 3.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bridlington to find out more about the local area.
Features and description
- Freehold
We have been instructed to seek offers in excess of
£1,500,000 which reflects a Net Initial Yield of 6.79%
(assuming costs at 6.10%) with a potential reversionary
yield of 7.67%
Investment summary
Long Term Income
Rent secured against strong covenant of dp Realty Limited
Diverse income and geographic spread
Freehold
Total passing rent of £108,100
5 yearly rent reviews
Sui Generis use with permitted change to use Class E
Blended WAULT of 14.80 years to expiry
Reversion to erv circa £122,000 p.a
EPC Rating b-d
£1,500,000 which reflects a Net Initial Yield of 6.79%
(assuming costs at 6.10%) with a potential reversionary
yield of 7.67%
Investment summary
Long Term Income
Rent secured against strong covenant of dp Realty Limited
Diverse income and geographic spread
Freehold
Total passing rent of £108,100
5 yearly rent reviews
Sui Generis use with permitted change to use Class E
Blended WAULT of 14.80 years to expiry
Reversion to erv circa £122,000 p.a
EPC Rating b-d
More information
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