Guide price
£1,500,000
(£500.00/sq. ft)
Restaurant for saleDominos Portfolio, Harrogate, Bridlington, Sunderland, Stockton, Hartlepool HG2
3,000 sq. ft
Freehold
About this property
We have been instructed to seek offers in excess of
£1,500,000 which reflects a Net Initial Yield of 6.79%
(assuming costs at 6.10%) with a potential reversionary
yield of 7.67%
Investment summary
Long Term Income
Rent secured against strong covenant of dp Realty Limited
Diverse income and geographic spread
Freehold
Total passing rent of £108,100
5 yearly rent reviews
Sui Generis use with permitted change to use Class E
Blended WAULT of 14.80 years to expiry
Reversion to erv circa £122,000 p.a
EPC Rating b-d
£1,500,000 which reflects a Net Initial Yield of 6.79%
(assuming costs at 6.10%) with a potential reversionary
yield of 7.67%
Investment summary
Long Term Income
Rent secured against strong covenant of dp Realty Limited
Diverse income and geographic spread
Freehold
Total passing rent of £108,100
5 yearly rent reviews
Sui Generis use with permitted change to use Class E
Blended WAULT of 14.80 years to expiry
Reversion to erv circa £122,000 p.a
EPC Rating b-d
Mortgage calculator
Monthly repayment
£7,503 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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