Countoak House | Front St
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Countoak House Front St
1,310 SF 100% Leased Retail Building Acomb YO24 3GD $529,997 CAD ($405 CAD/SF) 6.55% Cap Rate
Investment Highlights
- Located in the heart of this busy suburban shopping destination
- Access via A1237
- Daytime Foot Traffic
Executive Summary
£295,000 reflecting a net initial yield of 6.55%.
The property is held freehold under Land Registry title NYK69109.
Countoak House is situated on the north side of Front Street, extending back to York Road (B1224) onto which it also has a display frontage. We understand that the property was built about 40 years ago, having brick elevations under a flat parapet roof; it comprises a ground floor shop with a self-contained office to the first floor.
The property is held freehold under Land Registry title NYK69109.
Countoak House is situated on the north side of Front Street, extending back to York Road (B1224) onto which it also has a display frontage. We understand that the property was built about 40 years ago, having brick elevations under a flat parapet roof; it comprises a ground floor shop with a self-contained office to the first floor.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,310 SF
Building Class
B
Year Built
1910
Price
$529,997 CAD
Price Per SF
$405 CAD
Cap Rate
6.55%
NOI
$34,715 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.50
Lot Size
0.02 AC
Frontage
18 ft on Front Street
Amenities
- Security System
- Energy Performance Rating - C
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Nearby Major Retailers
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Countoak House | Front St
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