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COMMERCIAL

24 Station Road, Whitley Bay

£110,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Commercial investment
  • Rental income of £7200 per annum
  • Yield of 6.55% on asking price
  • Close to metro station
  • Ideal investment opportunity
  • 2 x flats included (sold on long leasehold basis)

Description

Property for sale. Commercial investment. Rental income £7,200 per annum. Yield of 6.55% on asking price.
Tenanted retail unit on popular road in coastal area. Close to Whitley Bay Metro Station. 7 year lease in place, from 2020. Very well presented. Prominent central position. Floor area 64.4 sq.m. (693 sq.ft.). Includes freehold of 2 x flats (sold on a 99 year long leasehold basis, from 1987).
EPC: E
Freehold £110,000
Ref I034

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

24 Station Road, Whitley Bay

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whitley Bay Metro Station0.2 miles
  • Cullercoats Metro Station0.5 miles
  • Monkseaton Metro Station0.6 miles

About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 16 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 12423382. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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.

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