Property photos
Freehold
£115,000
Property for sale
3/3A Cherwell Square, Forest Hall NE12Local area information
Property location
Nearby amenities
- St Marys Roman Catholic Primary School Aided 0.3 miles
- Forest Hall Primary School 0.3 miles
- Manors 3.9 miles
- Newcastle 4.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Two storey commercial investment
- Rental income £14400 per annum
- Generating yield of 12.52% on asking price
- Great investment opportunity
- Lease in place until 2029
- 99 year lease from 1st September 1950.
Property for sale. Commercial investment. Rental income £14,400 per annum. Generating yield of 12.52% on asking price.
Tenanted two storey commercial property, with accommodation, in popular residential area. Cake/bakery business in place with a 15 year lease (until 2034). Rent increase to £15,600 per annum (2029). Floor area 136.8 sq.m. (1,472 sq.ft.). Great investment opportunity. 99 year lease from 1st September 1950.
EPC: C
Long leasehold:£115,000
Ref: I264
Tenanted two storey commercial property, with accommodation, in popular residential area. Cake/bakery business in place with a 15 year lease (until 2034). Rent increase to £15,600 per annum (2029). Floor area 136.8 sq.m. (1,472 sq.ft.). Great investment opportunity. 99 year lease from 1st September 1950.
EPC: C
Long leasehold:£115,000
Ref: I264
More information
Listed by
Rook Matthews Sayer - Commercial
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