FREEHOLD INVESTMENT PROPERTY FOR SALE IN TYNE AND WEAR

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£249,950

For Freehold


  • Reference: NEY 10
  • Type: INVESTMENT
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Description

A VERY RARE FREEHOLD INVESTMENT IN TYNE AND WEAR

SHOPS LOCATED IN VERY SOUGHT AFTER LOCATION IN TYNE AND WEAR 

HIGH DENSITY HOUSING WITH NO OTHER FISH CHIPS OR PIZZA SHOP NEARBY 

FOUR SHOP UNITS WITH 4 BEDROOM FLAT

SHOP 1 - CURRENTLY VACANT - IDEAL FOR OFF LICENCE 

SHOP 2 - PIZZA TAKEAWAY - CURRENTLY LET AT £10,140 PA, 6 YEAR LEASE

SHOP 3 - DOG GROOMING - LET AT £3,484 PA, YEARLY LEASE

SHOP 4 - CHINESE TAKEAWAY - LET AT RENATL £6,760 PA, 6 YEAR LEASE

POTENTIAL TOTAL RENTAL £25,124 PA. ERV RENTGAL INCOME £30,000 PA

GUIDE PRICE £249,950 FREEHOLD

 

WE ADVISE POTENTIAL BUYER TO TAKE THERE LEGAL ADVISE AND UNDERTAKE DUE DILIGENCE  BEFORE MAKING FORMAL OFFER TO PURCHASE 

 

 

A FULL EPC REPORT IS AVAILABLE TO VIEW ON REQUEST 

EPC RATING - F 

 

 

PLEASE NOTE THIS IS A HIGHLY CONFIDENTIAL SALE AND NO DIERECT APPROACH MUST BE MADE TO OWNERS OR STAFF, STAFF UNAWARE OF SALE. FOR FULL DETAILS AND VIEWING APPOINTMENTS PLEASE CONTACT SOLE SELLING AGENST NEY COMMERCIAL ON TEL  -01642 762710 - MOBILE - 07850069203 OR EMAIL admin@neycommercial.co.uk QUOTE REF NEY 10 www.neycommercial.co.uk