Commercial property for sale in Station Road, Whitley Bay NE26
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Property features
- Commercial investment
- Rental income of £7200 per annum
- Yield of 6.55% on asking price
- Close to metro station
- Ideal investment opportunity
- 2 x flats included (sold on long leasehold basis)
Property description
Property for sale. Commercial investment. Rental income £7,200 per annum. Yield of 6.55% on asking price.
Tenanted retail unit on popular road in coastal area. Close to Whitley Bay Metro Station. 7 year lease in place, from 2020. Very well presented. Prominent central position. Floor area 64.4 sq.m. (693 sq.ft.). Includes freehold of 2 x flats (sold on a 99 year long leasehold basis, from 1987).
EPC: E
Freehold £110,000
Ref I034
Property info
For more information about this property, please contact
Rook Matthews Sayer - Commercial, NE4 on +44 191 563 0157 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rook Matthews Sayer - Commercial, and do not constitute property particulars. Please contact Rook Matthews Sayer - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.