FOR SALE
22/01/26
3590
C 1052 / Rightbiz
We are pleased to offer this very tidy and superbly located retail investment, positioned in the heart of Acomb, probably York’s business suburb. Nearby retailers include Card Factory, Boots the Chemist, Heron Foods, Cooplands bakery to name but a few. The property is arranged over two storeys with an enclosed yard to the rear and has an attractive and modern frontage. Currently producing an income of £21,500pa vat with a rent review in hand from April 2026.
ACCOMMODATION ( note, all dimensions are approximate )
Ground Floor Retail 65.63 sq m ( 706 sq ft)
First Floor Store 27.6 sq m ( 298 sq ft)
Ladies and gents wc’s
PLANNING
The property has been operated as a retail shop for many years so the established and current use falls within Class E.
EPC
The property has an EPC rating of D
RATES
The premises are shown on the Valuation Office Rating web site as having a RV of £18,000.
LEASE
The property is held on a lease for 15 years from 17/4/14 on full repairing and insuring terms at a current rent of £21500 pa vat as from the last review in 2023. A further rent review due as from April 2026. Current use is as an eastern European mini market which has been trading for several years.
PRICE
Around £325,000 repesenting a gross yield on the current rent of 6.6% with an anticipated gross yield after review of around 7.6%
VAT.
All figures quoted are exclusive of any VAT which might apply.
IMPORTANT
Buyers will be required to provide details of their identity ( passport / driving license and two utility bills) and proof of funding ( bank statements / mortgage offer ).
NOTE
Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided. We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.