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AGENT'S DETAILS


INCOME PRODUCING INVESTMENT AT A YIELD OF 10.41%

For sale: £165,000.00|750 - 2250 |Office, Business park, Offices

PROPERTY DETAILS

FOR SALE£165,000.00
SIZE750 - 2250
ADDRESS10 Vance Business Park, Norwood Road, Gateshead, Tyne & Wear, NE11 9NE
TYPEOffice, Business park, Offices
TENUREInvestment Opportunity
POSTED ON2nd December 2020

DESCRIPTION

HIGH YIELDING OFFICE INVESTMENT PROPERTY LET ON NEW 10 YEAR FULL REPAIRING LEASES WITH RENT REVIEWS TO THE GREATER OF RPI OR MARKET RENT - SHOWING A RETURN OF 10.41% AFTER PAYMENT OF GROUND RENT

LOCATION

Location: 10 Vance Business Park, Norwood Road, Gateshead, Tyne & Wear, NE11 9NE

Dunston (0.4 miles)

MetroCentre (1.5 miles)

Newcastle (1.6 miles)

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