Helmsley Group is confident of another active year in the investment market after acquiring prime York city centre buildings for a total of £14.2m in 2023.
As a Yorkshire property investment specialist, we provide syndicated and development investment opportunities for high net-worth individuals, pension funds and businesses.
Syndicated investment highlights across York in 2023 included:
— 13/15/17 Coney Street – acquired for £3.45m and let to Waterstones for £405,000 annual rent achieving 7-8% income return
— Church Lane – acquired for £4.3m and let to Yates for £388,693 annual rent achieving 9.04% income return
— 77/81 Goodramgate – acquired for £2.55m and let to Wagamama and Caffe Nero for £170,200 annual rent achieving 7.75% income return
— 8/10 Parliament Street – acquired for £1.66m and let to Vision Express for £140,000 annual rent achieving 8.41% income return
— 15 Davygate – acquired for £2.21m and let to Hobbs with £132,500 annual rent and 6% income return
We currently manage more than £200m worth of property, and in the last financial year our investors saw net returns of between 5.7% and 9.7% after management costs and excluding capital growth.
We are working on a number of new and exciting opportunities in 2024 and look forward to sharing further updates over the coming months.
For more information on becoming a Helmsley investor, get in touch here.