Summary - 3 COFFEE YARD YORK YO1 8AR
1 bed 1 bath Retail Property (high street)
Rare income-producing retail asset in a high-footfall York courtyard, ideal for investors.
- Freehold Grade II listed retail property, circa 1,500 sq ft
- Current passing rent £35,000 per annum (tenant lease from 2022)
- Tenancy includes tenant break clause in 2028
- Comprehensively refurbished within the last decade
- Located in cobbled courtyard off Stonegate; strong pedestrian footfall
- Listed status may restrict alterations and cause consent delays
- Very slow broadband and very high local crime rates
- Small plot with limited external servicing or delivery space
A rare freehold investment in the heart of York’s city centre, this Grade II listed retail property sits in a cobbled courtyard off Stonegate, benefiting from exceptional tourist and pedestrian footfall near Barley Hall. Arranged over three floors plus a basement, the circa 1,500 sq ft layout blends period character—exposed beams, timber framing and a vaulted stairwell—with a comprehensive refurbishment completed within the last decade.
The property is let on a 10-year full repairing and insuring lease started in 2022, producing a current passing rent of £35,000 pa. There is a tenant break clause in 2028, creating clear near-term re-letting or re-purposing risk but also potential upside for rental reset or alternative uses in a prime location.
Buyers should note material constraints: the Grade II listed status will restrict alterations and can cause consent delays and additional costs; the commercial EPC is 57 (C); broadband speeds are very slow; and local crime statistics are very high. The plot is very small with limited external servicing room, so operational changes and deliveries may be constrained.
For investors seeking a distinctive, income-producing asset in a historic York location, this property offers immediate cashflow and strong long-term appeal from tourism and city-centre trade. However, factor in listing consent requirements, the 2028 tenant break, and infrastructure limitations when assessing future value and yield.
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