Marketed by
Naylors Gavin Black
Newcastle upon Tyne
Higham Pl, Newcastle upon Tyne NE1 8AF, UK
Available
1 of 10
Offers Over
£250,000
520 - 528 Durham Road, Gateshead, Tyne And Wear, NE9 6HU
1172 sq. ft (108.88 m²)
Key features
- Located on popular suburban retail location
- Freehold
- Additional 'peppercorn' tenants on long leases (expiring 2116)
- Passing Rent £24,800 per annum exclusive
- Seeking offers over £250,000 which shows a 9.67% Net Initial Yield after purchaser costs
- No VAT
Description
The property consists of two single storey retail units facing onto Durham Road.
The Coral betting shop consists of a betting floor to the front of the shop with tills, WCs and a Kitchenette to the rear.
Jamms Barbers consists of an active barbers at the front of the shop with storage, WCs and Kitchenette facilities at the rear.
The freehold title includes three peppercorn long leasehold properties which are detailed below.
The Coral betting shop consists of a betting floor to the front of the shop with tills, WCs and a Kitchenette to the rear.
Jamms Barbers consists of an active barbers at the front of the shop with storage, WCs and Kitchenette facilities at the rear.
The freehold title includes three peppercorn long leasehold properties which are detailed below.
Reference: 3285_sales
Download Sales Details
Marketed by
Naylors Gavin Black
Newcastle upon Tyne
Higham Pl, Newcastle upon Tyne NE1 8AF, UK
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