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Commercial Property for sale

Back Percy Gardens, Tynemouth

Sold STC £399,000

Property Description

Key features

  • Investment Potential
  • Block Of 24 Garages
  • Rental Income 9622pa
  • Development Opportunity
  • Plans Available
  • Close To Seafront

Full description

An opportunity to acquire 24 lock up garages let at rents of £8.00 - £10.00 per week but with scope for increase. Present Rental Income £9622 per annum.
The site also offers the potential for redevelopment with Outline Planning Permission granted for the demolition of the garages and the construction of three residential units with garages. Plans are available for viewing at our Whitley Bay office.
The property is located just off the sea front and close to the centre of Tynemouth with a good range of local shops, restaurants and cafes. Tynemouth Metro Station lies within easy walking distance.

Additional Photograph -


More information from this agent

Nearest stations

  • Tynemouth (0.1 mi)
  • North Shields (1.1 mi)
  • Cullercoats (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Keep, Whitley Bay

1 Park View, Whitley Bay, NE26 2TP

0191 252 2920 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Tynemouth (0.1 mi)
  • North Shields (1.1 mi)
  • Cullercoats (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Keep, Whitley Bay

1 Park View, Whitley Bay, NE26 2TP

0191 252 2920 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26023593. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keep, Whitley Bay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.