20 Castlegate, York, YO1 9RP
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57/59 Monkgate & 2 Penleys Grove Street, York

Investment Property For Sale £1,500,000 (ref C2120)

Wonderful investment opportunity located in York

Comprises a retail unit and 5 apartments

Fully let with a current rental income of £86,160 per annum

Beautifully maintained Grade II listed property

 

The property is held freehold by way of 5 separate freehold titles.

The retail unit is let for a term of 10 years from 19 May 2022 with a tenant break clause after 5 years at a rent of £33,000 per annum subject to an upwards only rent review after 5 years.

The apartments are all let by way of assured shorthold tenancy agreements at rents totalling £53,160 per annum.

 

Freehold For Sale Subject to the Lease and Tenancy Agreements – £1,500,000

Investment Property For Sale £1,500,000 (ref C2120)

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