93-99 High Street, Yarm TS15 9BB

93-99 High Street, Yarm TS15 9BB

  • Prime multi-let high street retail investment

  • Located in the affluent market town of Yarm

  • Excellently situated in a prime pitch opposite Sainsbury's and Barclays Bank

  • Comprising 4 retail units with the residential ground rents

  • Retail element extends to 4,637 sq ft

  • Residential leases have only 68 years unexpired, providing the opportunity for the landlord to extend for a capital premium

  • Fully let producing £176,120 per annum

  • AWULT in excess of 10.5 years certain (6.5 years to break)

  • Offers in excess of £2,350,000 (STC)

  • Attractive Net Initial Yield of 7.05%

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