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Agent's details

For Sale Freehold Investment - 120, Lobley Hill Road, Gateshead, Tyne And Wear, NE8

For sale: £1,750,000.00|22,555 Sq Ft

Property details

FOR SALE£1,750,000.00
SIZE22,555 Sq Ft
ADDRESSFor Sale Freehold Investment - 120, Lobley Hill Road, Gateshead, Tyne And Wear, NE8
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON17th June 2024

Description

Freehold sale and leaseback Investment for sale. Warehouse with offices on a substantial prominent road frontage site of 1.92 acres. The site includes a fuelling station, wash bay and interceptor tank. The property, on completion of the sale, will be let to AAH Pharmaceuticals Ltd on a 15 year lease at a rent of £135,000 per annum, with 5 yearly, upward only rent reviews.The property will be let on full repairing and insuring terms subject to a schedule of condition.
( Agency Pilot Software ref: 416 )

Location

marker
Location: For Sale Freehold Investment - 120, Lobley Hill Road, Gateshead, Tyne And Wear, NE8

Dunston (0.7 miles)

Newcastle (1.5 miles)

MetroCentre (1.9 miles)

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