Summary - Flat, 12-13 Tower Street YO1 9SA
7 bed 3 bath Leisure Facility
**Standout Features:**
- Prime central location with views of Clifford's Tower
- Ground floor with substantial restaurant space
- Seven bedrooms across two floors
- Current tenancy with annual rent of £32,000
- Freehold listing with potential for modern investment
**Potential Concerns:**
- Property listed status may restrict renovation options
- High crime rate in the local area
- Average broadband speeds and energy efficiency
This remarkable commercial investment property in Tower Street, York, presents a unique opportunity to own a versatile building with historical charm and iconic views. The spacious ground floor features a well-equipped restaurant, perfect for continued business operations, while the upper levels offer seven bedrooms, ideal for conversion into lodgings or additional rental income. Currently under a rolling lease, the property generates an annual rental income of £32,000, making it a viable option for investors looking to capitalize on York's vibrant tourism and rental market.
However, potential buyers should note that the property is listed, which may complicate future renovations or extensions. Nestled in a multicultural neighborhood just a stone's throw from amenities and the picturesque River Ouse, this investment offers a prime location but is accompanied by a high local crime rate. With an overall area of 4,261 square feet, the property provides a substantial footprint to explore various usage potentials. Don't miss out on this rare offering; properties like this, rich in historical significance and commercial potential, are not easily found. Act quickly to secure your stake in this iconic location!
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