Davygate Syndicate
Leisure

Davygate Syndicate

About this property

An end terrace building with prominent return frontage to Davygate and New Street in the centre of York, within the pedestrianised part of Davygate and between St Helen's Square and St Sampson's Square. It is of traditional brick construction under a slate covered pitched roof and is arranged over basement, ground and upper floors, with an unusual second return fronting a small courtyard set back from Davygate. The property extends to approximately 1,459 sq ft and is held freehold.

The whole is let to Nero Holdings Limited and trades as Caffè Nero. The main servery and a limited seating area are at ground floor with a larger seating area above, an office and staff area in the basement, and storage on the upper floors. New Street links Davygate to Coney Street, and Stonegate, Parliament Street and the city's principal eating and drinking circuit are all close by.

Current occupiers
  • Nero Holdings LimitedLeisure & Hospitality
Syndication complete

This syndicate is closed to new investment.

At a glance

Type
Leisure
Address
16 Davygate, York, YO1 8RJ
Initial yield
5.26%
Syndicated

Initial yield is the net initial yield at the date that building was syndicated. It is a historic figure for that date and is not an indication of the income or the return available now or in future. Past performance is not a reliable indicator of future results.

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