* Leasehold
* Superb Holiday Let Investment
* In The Heart Of York City Centre
* Studio Apartment
* Ground Floor
* Overlooking The River Foss
* Security Entry System
* Stylish Fitted Kitchen
* Electric Heating
* £33, 000 gross income 12 months to June 30
* No forward chain
A superb holiday let investment overlooking the river Foss in the heart of
York city centre.
‘The Yorkie Suite’ is a luxuriously appointed studio apartment on the ground
floor of this historic building within York’s city walls, formerly one of
Rowntree’s warehouses for cocoa beans. The property has been a successful
holiday let since it was newly converted in 2018.
‘The Yorkie Suite’ forms part of the Cocoa Suites, a selection of apartments
on the ground and first floors that were specifically created for use as short
term lets, however they can also be used as a permanent home.
The security entry system provides access into the ‘hotel - like’ entrance lobby
and corridor to the apartment. Once inside there is an entrance lobby with a
handy built in wardrobe/cupboard, a luxury shower room/WC, and a studio room
with a stylish fitted kitchen, dining and lounge area and a pull - down double
bed neatly hidden behind cupboard doors. The apartment has the feel of a
luxury hotel room, yet the character of a grand period house with its exposed
brickwork framing the large window overlooking the river below.
The property has electric heating and ceiling downlighters, and an energy
performance (EPC) rating of E.
Managed by Violet Homes, the apartment generated a gross rental income in 2022
of £33, 057 with 63% occupancy.
Lease length – 999 years from 1 December 2015
Ground Rent - £100 per annum – next review 2036, then every 21 years
thereafter
Maintenance charge – Service charge, buildings insurance and reserve fund
approx. £420 per quarter.
**Council tax**
Business rates
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do
not constitute or form part of an offer or any contract and none is to be
relied upon as statements of representation or fact. The services, systems and
appliances listed in this specification have not been tested by us and no
guarantee as to their operating ability or efficiency is given. All
photographs and measurements have been taken as a guide only and are not
precise. Floor plans where included are not to scale and accuracy is not
guaranteed. If you require clarification or further information on any points,
please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to
be agreed with the seller. Potential tenants: All properties are available for
a minimum length of time, with the exception of short term accommodation.
Please contact the branch for details. A security deposit of at least one
month’s rent is required. Rent is to be paid one month in advance. It is the
tenant’s responsibility to insure any personal possessions. Payment of all
utilities including water rates or metered supply and Council Tax is the
responsibility of the tenant in every case.
QYO230354/8

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