Marketed by
HTA Real Estate
Newcastle upon Tyne
C Floor, Milburn House, Dean St, Newcastle upon Tyne NE1 1LE, UK
Available
1 of 2
Guide Price
£3,155,000
Prime New Build Convenience Store, Callerton Rise, Stamfordham Road, Newcastle Upon Tyne, Tyne And Wear, NE5 1DH
8250 sq. ft (766.45 m²)
Key features
- Prime, Roadside Convenience Anchored Retail Investment
- Secure tenant line up with Co-operative Group Food, Greggs and Harrison Family Vets
- Total income of ｣184,750 per annum
- WAULT to expiry of 15.12 years & 13.84 years to break
- Reversionary yield of 6.30% & 7.30% in March 2031 and 2036 respectively
- Net initial yield of 5.50%, assuming standard purchaser's costs of 6.47%.
Description
Please contact us for full details.
Reference: 1495_sales
Marketed by
HTA Real Estate
Newcastle upon Tyne
C Floor, Milburn House, Dean St, Newcastle upon Tyne NE1 1LE, UK
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