ADDRESSSuite A4, Kingfisher House, Team Valley, Gateshead, NE11 0JQ
TENUREInvestment Opportunity, To Let, For Sale Freehold, For Sale Leasehold
POSTED ON24th September 2019
Fully Occupied Office Investment
- Located on the premier commercial estate in the North East - Recently refurbished office accommodation with ample parking provisions. - Fully let to the Education Development Trust who provide excellent covenant strength. - Low passing rent reflecting £6.89 per sq ft. - Tenant has been in occupation for a number of years. - Seeking offers of £350,000 (Three Hundred and Fifty Thousand pounds) reflecting a Net Initial Yield of 7.71% after purchaser costs of 3.80%.
Suite A4, Kingfisher House, Team Valley, Gateshead, NE11 0JQGBGateshead, GatesheadDurhamNE11 0JQKingsway