Commercial property for sale in Market Street, Dudley, Cramlington NE23
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Property features
- Mixed investment near Cramlington
- Two commercial and one residential tenant
- Rental income of £21540 per annum
- Generating yield of 9.37% on asking price
- Large rear yard with parking
- Prominent main road location
Property description
Property for sale. Mixed investment. Rental income £21,540 per annum*. Yield of 9.37% on asking price.
Well presented mixed investment in Dudley area. Two commercial tenants (sandwich deli and hair salon) and one residential tenant. Both commercial tenants have been in situ for over 10 years. Two bedroom tenanted flat with tenant on AST. Large rear yard with additional parking. Prominent main road location. Great investment opportunity or expansion to current portfolio.
*rental income based on condition of new 5 year leases
EPC: D/C/D
Freehold £229,950
Ref I062
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.