Ousegate Syndicate
About this property
A Grade II listed Victorian end terraced building with prominent frontage to Low Ousegate in York city centre, a few steps from Ouse Bridge and close to the junction with Spurriergate, which leads into Coney Street. The street carries traffic in both directions and sits in a mixed quarter of shops, bars, restaurants and flats, with the bus and rail stations within walking distance. The building is of traditional brick construction and rises five storeys. The syndicate's interest is the shop, which occupies the ground floor and basement and extends to approximately 1,610 sq ft net internal. It was upgraded and reconfigured at the time of the present letting, and provides open plan sales and partitioned ancillary space at ground floor with storage, kitchen and WCs below.
The shop is let to Hays Travel Limited and trades as a travel agency. The three upper floor apartments are held on separate 999 year leases at peppercorn rents and are outside the income.
- Hays Travel Limited
Retail
This syndicate is closed to new investment.
At a glance
- Type
- Retail
- Address
- 14 Low Ousegate, York, YO1 9QU
- Initial yield
- 6.1-6.3%
- 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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