York Road, Acomb, York - £700,000 - Freehold

Freehold Mixed-Use Investment Opportunity – Total Income c. £53,000 p.a. with Rental Uplift Potential

A rare opportunity to acquire a substantial freehold detached building comprising two well-established commercial units and two self-contained residential apartments, ideally positioned in the heart of Acomb on the busy and popular York Road. This well-maintained and versatile property offers a strong, immediate income with further potential for uplift. The current owners have carried out regular maintenance, alongside ongoing internal touch-ups to ensure the building remains in good order.

Commercial Accommodation
To the ground floor, the property is split into two commercial units:

No. 28 – A long-standing opticians, currently let on a 10-year lease expiring May 2026, generating approx. £21,000 per annum.

No. 30 – A hair and beauty studio, let on a 3-year lease expiring November 2025, producing £950 per calendar month (£11,400 p.a.).

Residential Accommodation
Accessed via a private entrance to the rear, the first floor offers two separate residential flats:

A well-presented two-bedroom apartment, currently let through a local agent at £1,300 per calendar month (£15,600 p.a.).

A one-bedroom apartment, currently let at £550 per calendar month (£6,600 p.a.).This is considered below market rent, with a realistic market value of approximately £750 per month (£9,000 p.a.), presenting an uplift potential of £2,400 per annum.

Business Rates 2025/ 2026
30 York Road £3,293.40 PA
28 York Road £7859.25 PA

This property is being sold freehold, with full tenant details and lease documentation available on request.

This is a superb opportunity to secure a high-yielding, low-maintenance investment in a prominent York suburb with ongoing rental growth potential and strong local demand for both residential and commercial premises.

Large Commercial Property
Two First Floor Apartment
Two Commercial Businesses
Off Street Parking
Total Income c. £53,000 p.a. with Rental Uplift Potential
Freehold Development
EPC D

3 Bedrooms   |   2 Bathrooms   |   2 Receptions