Prime car park investment opportunity

Multi-storey car park with retail frontage located in the heart of York, a historic and affluent city. 289-space car park arranged over ground and three upper floors with 10,705 sq ft of retail accommodation and 9,507 sq ft of office space. Multi-let to five tenants providing a WAULT of 9.22 years. Total passing rent is £968,775 per annum. 74% of income secured by National Car Parks (NCP) and subject to uncapped RPI-linked rent reviews. Strong future development potential to residential, student accommodation or hotel (STP). Overall WAULT of 9.22 years to expiry and 9.06 years to break. The total current rent is £968,775 per annum.