Asda Washington
UK - Washington, Tyne & Wear
TRY 546,980,000 | 11,019 m²
Asset Description
Fully let retail and office investment in the cathedral city of York
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Attributes
Asking Price
TRY 139,523,000
Building area Net
1,372 m²
Occupancy
100.00%
Year built
1985
Number of units
12 units
Cap Rate
7.46%
NOI
TRY 11,116,000
Media
Investment Highlights
- York is an internationally renowned tourist destination and an attractive and historic cathedral city
- The city is one of the most visited nationally, attracting 8.4 million tourists per annum who spend in excess of £765million per year
- Fully-let retail and office parade located moments away from York Railway Station
- Prominent corner plot, situated along Museum Street which is the main thoroughfare joining York Station and York Minster
- Recent letting evidence shows reversionary opportunities on a significant number of the units
- 16 space car park to the rear of the property included within the ownership
- Held Freehold
- WAULT of 6.15 years to expiry and 3.92 years to break.
- Annual Rental Income: £430,227 pa
- ERV: £511,000 pa
Contact brokers
York - Museum Street & Lendal (0 Properties)
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Last updated
22 May 2023
